By Walter Grand in Economy —

Barkin of the Fed: There is a way to reduce inflation, but recession is possible

Barkin of the Fed: There is a way to reduce inflation, but recession is possible
Photo by Krzysztof Hepner / Unsplash

The speed at which the Fed changes its policy could cause panic in the markets. Lower commodity prices should help fight inflation.

Speaking of positive macroeconomic data, Barkin noted that the Fed is seeing the first signs of lower delivery costs as well as reports of easier hiring.