Fed's Barkin Says Businesses And Institutions Are Less Reluctant To Make Investment And Spending Decisions After Era Of Uncertainty; Would Not Yet Make An Overheating Case, But Economy Is Firming And Not Weakening; Many Businesses Still Feel They Have Pricing Power; Tempering Business Expectations About Inflation May Help Cool Price Pressures Versus Needing To Rely On Demand Destruction; Banking Conditions Right Now Seem Very Healthy
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A Federal Reserve leader said businesses are feeling braver about spending money again. The economy is getting stronger, but he is watching carefully for overheating.
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