Barkin said he expects growth to continue, though at a somewhat
slower pace, and he forecast "trend" growth as only in the 1.9
percent range.
"I forecast growth to continue this year, though at a somewhat
slower pace," Barkin said in remarks prepared for delivery to
the Greater Raleigh Chamber of Commerce in North Carolina.
"But as we enter 2019, I hear a lot of concern. Some is
environmental, driven by trade, international economies or
politics. Some is market driven, as volatility has increased and
the yield curve has narrowed. Some is margin pressure. But
overall, the question I hear most is, 'How long can this growth
continue?'"
Barkin does not have a vote on the central bank's monetary
policy this year but participates in the Fed’s discussions.
(Reporting by Trevor Hunnicutt; Editing by Chizu Nomiyama)
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