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Fed's Barkin States Rate Hike Depends on Business and Consumer Responses

Richmond Fed President Barkin emphasized that the Federal Reserve's decision to raise interest rates will depend on how businesses and consumers react to evolving economic conditions. This cautious approach highlights the Fed's data-dependent strategy amid uncertain economic signals.
Date: 21.05.2026  |  Source: FOR-EX.NEWS

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Upcoming Important Events

Time Country Event Forecast Previous
21.05.2026
23:30 🇯🇵 Inflation Rate YoY (Apr) 1.8 1.5
22.05.2026
06:00 🇩🇪 Consumer Confidence (Jun) -34 -33.3
06:00 🇩🇪 Gross Domestic Product QoQ (Q1) 0.3 0.3
08:00 🇩🇪 Ifo Business Climate (May) 84.2 84.4
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14:00 🇺🇸 CB Consumer Confidence (May) 92.8
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17:00 🇪🇺 ECB Press Conference
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12:30 🇺🇸 Core PCE Price Index MoM (Apr) 0.3 0.3
12:30 🇺🇸 Durable Goods Orders MoM (Apr) 0.4 0.8
12:30 🇺🇸 Gross Domestic Product QoQ (Q1) 2
12:30 🇺🇸 Personal Income MoM (Apr) 0.5 0.6