Richmond Fed President Thomas Barkin
- Will factor in slowing immigration
- We have a lot to learn before the next meeting including jobs, inflation and trade policy
- Business contract say consumer demand remains solid but consumers are shopping for lower prices
- Business contacts say they are still on pause in terms of investment, want to see trade policy settled
The is an argument that will US immigration slowing (if not reversing) that 80-100K is the static level of non-farm payrolls.
