Fed’s Barkin says there is ‘a lot of time’ to decide next policy step
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Richmond President Thomas Barkin said Friday that softer jobs data is moving in the direction desired by central bankers trying…
Fed’s Barkin says more data needed before making next monetary policy call
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Richmond President Thomas Barkin said on Thursday that the central bank’s decision to hold steady on rates earlier this month…
Fed’s Barkin says it’s too soon to say if another hike needed -Bloomberg TV
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Richmond President Thomas Barkin said on Thursday that it is not yet clear to him what the central bank will…
Strong US data makes ‘reacceleration scenario’ possible, Fed’s Barkin says
By Howard Schneider DANVILLE, Virginia (Reuters) – The Federal Reserve must be open to the possibility that the economy will begin to reaccelerate rather than slow, with potential implications for the U.S.…
Fed’s Barkin: Inflation still too high, hopes recent data is ‘a sign’
(Reuters) – U.S. inflation remains too high, although recent readings showing price pressures have eased notably were welcome, Richmond Federal Reserve President Thomas Barkin said on Thursday. “Certainly, last month’s inflation read…
Fed’s Barkin says “comfortable doing more” if inflation does not fall
By Howard Schneider WASHINGTON (Reuters) – Richmond Federal Reserve president Thomas Barkin said Friday he is comfortable with further interest rate increases if coming data does not show that weakening demand for…
Fed’s Barkin: ‘Comfortable’ with more hikes if needed – Bloomberg TV
(Reuters) – Richmond Federal Reserve President Thomas Barkin on Tuesday he likes the “optionality” implied in the central bank’s latest policy statement, but he is “comfortable” with raising interest rates further if…
Fed’s Barkin says case for rate increase was ‘pretty clear’
(Reuters) – Richmond Federal Reserve Bank President Thomas Barkin said on Friday that he did not have second thoughts about the U.S. central bank’s decision earlier this week to raise its main…
Fed’s Barkin says he could see rates at 5.5%-5.75%
PALO ALTO, California (Reuters) – Richmond Federal Reserve Bank President Thomas Barkin said on Friday that he could envision a scenario where the central bank pushes the U.S. benchmark policy interest rate…
Fed’s Barkin says he doesn’t see case for a rate pause now
PALO ALTO, California (Reuters) – Richmond Federal Reserve Bank President Thomas Barkin said on Friday that he does not understand the case for pausing interest rates now, although delivering rate increases in…
Fed’s Barkin calls for deliberate rate hikes to fight ‘exhausting’ inflation
PALO ALTO, California (Reuters) – The U.S. central bank will need further, deliberate interest rate hikes to bring inflation back down to its 2% goal, Richmond Federal Reserve Bank President Thomas Barkin…
Fed’s Barkin: Labor shortages may persist
ROSSLYN, Va (Reuters) – The labor shortages bedeviling U.S. businesses are unlikely to be resolved quickly or easily, Richmond Federal Reserve bank president Thomas Barkin said Friday, pointing to low immigration, population…
Fed’s foot ‘unequivocally’ on brake, sensible to move slower, Barkin says
WASHINGTON (Reuters) – Tight monetary policy is “unequivocally” slowing the U.S. economy, allowing the Federal Reserve to move “more deliberately” with any further interest rate increases, Richmond Fed President Thomas Barkin said…
Barkin: Terminal rate for Fed depends on path of inflation -Fox Business
WASHINGTON (Reuters) – The stopping point for Federal Reserve interest rate increases will depend on the path of inflation, Richmond Federal Reserve Bank President Tom Barkin said on Tuesday. “We can’t declare…
Fed’s more gradual rate hike path should limit economic harm, Barkin says
By Lindsay Dunsmuir (Reuters) – The Federal Reserve’s move to smaller interest rate hike increments will help limit damage to the economy as the U.S. central bank works to bring high inflation…
Fed’s Barkin: labor supply likely will remain constrained
(Reuters) – The United States is likely in a sustained period in which there will remain a shortage of workers, complicating the Federal Reserve’s aim of getting labor demand back into balance,…
Fed’s Barkin sees slower rate hikes, for longer, maybe higher
(Reuters) – Richmond Federal Reserve Bank President Thomas Barkin on Monday said he supports moving to smaller interest-rate hikes in the central bank’s fight to bring down too-high inflation. “I’m very supportive…
Permanent shifts in inflation could mean more volatile policy – Fed’s Barkin
By Howard Schneider ATLANTA (Reuters) – Changes in global supply chains, demographic shifts, and fractured trade relationships may make inflation in the future more volatile, and force the Federal Reserve and other…
Barkin: Risk of inflation ‘festering’ worse than of Fed overdoing rate increases
WOODBRIDGE, Va. (Reuters) – “Festering” inflation remains a bigger threat to the economy than the risks of Federal Reserve rate hikes going too far and causing unnecessary damage in the effort to…
Barkin: “promising signs” on inflation but progress won’t be immediate
By Howard Schneider WOODBRIDGE, Va. (Reuters) – There are “promising signs” inflation pressures have begun to ease though it may take time be seen in the data, Richmond Fed president Thomas Barkin…
Fed’s Barkin warns rates must stay high until inflation eases- FT
(Reuters) – The U.S. Federal Reserve must lift interest rates to a level that restrains economic activity and keep them there until policymakers are “convinced” that inflation is subsiding, Richmond Fed President…
Fed’s Barkin: no need for possible U.S. recession to be ‘calamitous’
(Reuters) – The U.S. Federal Reserve’s commitment to raising interest rates in order to bring inflation back down to its 2% goal will not necessarily result in a severe economic downturn and…
Fed committed to getting inflation to 2% target, Barkin says
(Reuters) – The Federal Reserve is committed to getting inflation under control and returning it to the U.S. central bank’s 2% target, Richmond Fed President Thomas Barkin said on Wednesday, the latest…
Fed’s Barkin says central bank can tweak path once its gets to neutral rate
(Reuters) – The U.S. Federal Reserve can assess how much more it needs to do to bring inflation back down to its 2% goal when it has raised borrowing costs to a…
Fed’s Barkin says interest rates should be moved rapidly to neutral
(Reuters) – The U.S. Federal Reserve should quickly get interest rates up to a level where borrowing costs will no longer be stimulating the economy, and should raise them further if high…
Barkin: Fed has time to reach a more neutral rate given ongoing pandemic effects
(Reuters) – The Federal Reserve “has some time” to raise rates towards a more neutral level, Richmond Fed President Thomas Barkin said Wednesday, a counter to calls for a faster pace of…
Breaking News
