Richmond Fed President Tom Barkin said Friday his outlook for the economy is positive, with continued growth and price-sensitive consumers helping lower inflation. But he quickly added that there is a ...
Federal Reserve Bank of Richmond president Tom Barkin said he believes the central bank’s current level of interest rates remains restrictive enough to lower inflation in 2025. Barkin voted in favour ...
Barkin identified several contributors to the ... workers stay employed and continue to spend," he said. "In that case, the Fed's focus would be more on upside, inflation risks." ...