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Richmond Fed's Barkin urges caution in monetary policy

Richmond Fed's Barkin prefers to 'wait and see' on rates amid Trump policy uncertainty

Richmond Fed president Tom Barkin said Tuesday that he wants to keep interest rates "modestly restrictive" until he gains more confidence inflation is returning to the central bank’s 2% goal, warning about lessons learned from the 1970s.

Insurancenewsnet.com · 52m

Fed should be cautious amid uncertainty, Barkin says

Although inflation is coming down, the Federal Reserve Bank should exercise caution amid economic and geopolitical uncertainty, Federal Reserve Bank of Richmond President and CEO Tom Barkin said Tuesday while addressing a Rotary Club of Richmond meeting.

Seeking Alpha on MSN · 23h

Richmond Fed's Barkin urges caution in monetary policy as uncertainties abound

"Uncertainty argues for caution as we look to wrap up the inflation fight," Richmond Fed President Tom Barkin said during a speech to the Rotary Club of Richmond on Tuesday. "If headwinds persist, we may well need to use policy to lean against that wind.

Reuters on MSN · 1d

Fed's Barkin: Uncertainty warrants a cautious approach to monetary policy

Richmond Federal Reserve President Tom Barkin said on Tuesday he will follow a wait-and-see approach regarding central bank interest rate policy until it is clear inflation is returning to the Fed's 2% target.

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Barkin Says Appropriate for Fed to Remain ‘Modestly Restrictive’

Federal Reserve Bank of Richmond President Tom Barkin said the central bank must remain determined in its inflation fight and ...

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Dollar falls after soft consumer confidence as economic concerns drag

The dollar retreated on Tuesday, extending declines after a soft reading on U.S. consumer confidence and a drop in U.S.

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Gold recoups from one-week low as tariff uncertainty weighs on risk appetite

GOLD prices climbed on Wednesday (Feb 26), recovering from a one-week low touched in the previous session, as uncertainties ...

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Fed's Cautious Stance: Waiting on Inflation's Return to Target

Richmond Federal Reserve President Tom Barkin stresses a cautious approach to interest rate changes, emphasizing the need to wait until inflation returns to the 2% target. With uncertainties from ...

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Wall Street Ends Mixed in the Face of Mounting Uncertainties

The Dow Jones Industrial Average rose 159.95 points, or 0.37%, to 43,621.16, the S&P 500 lost 28.00 points, or 0.47%, to ...

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Richmond Fed's Barkin urges caution in monetary policy

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