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Fed's Barkin: The balance of employment and inflation risks is still unclear.
According to Mars Finance, Jin10 reported that Fed's Barkin stated that the uncertainty regarding the direction of the U.S. economy is decreasing, but it is still unclear whether the Central Bank should focus more on controlling inflation or supporting the job market. He pointed out that while "the fog is lifting," risks still exist. Barkin emphasized that the balance between inflationary pressures and unemployment pressures remains unclear and stated that a lot of information will be obtained before the next meeting to timely adjust the policy stance.