Federal Reserve's Barkin: Currently, we have not seen any stagflation and are not in a hurry to cut interest rates

BlockBeats News: On April 1st, Thomas Barkin, the President of the Richmond Fed, stated that clear information on the impact of tariffs will take some time to be obtained. To cut interest rates, we need to have confidence in inflation. The stagflation characteristic of the 1970s was the misalignment of inflation expectations; But we haven't seen this situation yet. Worried about inflation and employment situation. Not in a hurry to cut interest rates. The reduction of the balance sheet may be slower and last longer. (Golden Ten)