Fed's Barkin: Still Looking to Be Convinced on Inflation

The video discusses the current state of the economy, focusing on industrial production and demand cooling. It highlights the reduction in inflation from 9% to 5% and debates whether further restraint is needed to reach a 2% target. The speaker considers the impact of credit tightening and other factors on demand and inflation. The discussion also covers potential monetary policy actions, such as rate increases or pauses, and the importance of tracking economic indicators like the debt ceiling and credit conditions.

What is the significance of credit tightening in relation to inflation?

What considerations are mentioned regarding the June meeting and potential rate changes?