The Federal Reserve shouldn’t stop raising interest rates for fear of a recession, said Richmond Fed President Thomas Barkin on Wednesday. “If there is one thing we learned in the Read more
Tag: barkin
Fed’s Barkin backs slower pace of interest-rate hikes
The Federal Reserve had been stepping on the gas in its effort to raise interest rates this year and can now pump the brakes, said Richmond Fed President Tom Barkin Read more
Fed’s Barkin expects inflation to come down a bit in coming months
All signs point to lower U.S. inflation in coming months, Richmond Fed President Thomas Barkin said Friday. “Inflation should come down a bit. I don’t expect it to be immediate. Read more
Fed’s Barkin wants to keep hiking interest rates until there is a ‘sustained period’ of inflation under control
While the inflation data this week was certainly “welcome,” the Federal Reserve should continue to raise its benchmark interest rate until the data show continuous progress on inflation, Richmond Fed Read more
Fed’s Barkin wants to avoid repeat of stop-and-go monetary policy of 1970s
The best policy for the Federal Reserve going forward is not to react when there is a weak month of economic growth but to get inflation under control, said Richmond Read more