"Fed's Barkin Says 'It Does Not Feel Like A Tight Labor Market'; 'Do You Have To Add Some Restraint? I Think That's The Question'; Don't Know If I Would Have Voted For Higher Rates This Week; 'Close Call' Whether Rates Are High Enough To Bring Inflation Down" - WSJ
https://www.wsj.com/economy/central-banking/feds-barkin-says-its-a-close-call-whether-rates-are-high-enough-99f2b676
A top Federal Reserve official said the job market doesn't feel super tight anymore, and he's unsure if interest rates are high enough to slow down rising prices. This hints the Fed might pause or change course soon, which affects how stocks move.
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