Fed’s Barkin: Strong US jobs report keeps focus on inflation fight
By Howard Schneider LINTHICUM, Md. (Reuters) -Continued strong U.S. job growth and a low unemployment rate shows the Federal Reserve is not yet at the point where its efforts to…
By Howard Schneider LINTHICUM, Md. (Reuters) -Continued strong U.S. job growth and a low unemployment rate shows the Federal Reserve is not yet at the point where its efforts to…
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…
(Reuters) – Richmond Federal Reserve Bank chief Thomas Barkin on Tuesday said that higher long-term borrowing costs are putting downward pressure on demand but it’s unclear how that will affect…
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Richmond President Thomas Barkin said on Tuesday that the U.S. central bank still has time to decide on…
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…
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…
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…
(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…
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…
(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…
(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…
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…
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…
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…
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…
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…
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…
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…
(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…
(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…
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…
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…
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…
(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…
(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…