Fed's Barkin: Gradual rate hikes seem reasonable to me

Odaily: In his latest remarks, Fed's Barkin said: "Demand in the economy is solid, although some sectors are not feeling it. Profitability remains strong, which is encouraging businesses to invest and retain workers. I don't expect inflation to accelerate, but I also don't see it coming down right now, and gradual rate hikes still seem reasonable to me." (Sina Finance)