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…
Barkin: Ukraine may add to inflation, but so far has not hit broader demand
(Reuters) – The war in Ukraine has added to inflationary pressure in the U.S. but so far does not appear to have influenced demand for goods and services, Richmond Fed president Thomas…
Fed’s rate path balances inflation fight and pandemic unknowns, Barkin says
By Howard Schneider BALTIMORE – The rate increases projected by Federal Reserve officials this week represented a “balancing act” between the need to begin normalizing monetary policy in the face of high…
Fed’s Barkin says sustained high oil prices could ‘dampen’ consumption, growth
COLONIAL HEIGHTS, Va. – If the conflict in Ukraine leads to sustained high oil prices it could hit U.S. consumer spending and pose a possible risk to U.S. economic growth, said Richmond…
Fed’s Barkin: Ukraine events not likely to change case for U.S. rate hikes
WASHINGTON – The Russian invasion of Ukraine probably won’t change the “underyling logic” behind the Federal Reserve’s plans to raise interest rates, but the impact on global markets and commodity prices in…
Fed’s Barkin: ‘I’d have to be convinced’ of need for half-point rate hike
By Ann Saphir -Richmond Federal Reserve Bank President Tom Barkin on Thursday said he would be “conceptually” open to raising interest rates by a bigger-than-usual half-of-a-percentage point increment, but does not see…
Fed’s Barkin says rates should move to pre-pandemic levels, then assess next steps
By Howard Schneider WASHINGTON – The U.S. Federal Reserve needs to begin raising interest rates but it is too soon to say how far or fast that process will need to go…
Fed’s Barkin says pace of U.S. rate hikes depends on inflation
By Ann Saphir – How fast and far the U.S. Federal Reserve will raise interest rates once it begins doing so in March will depend on what happens with the economy and,…
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