Fed, Richmond and Tom Barkin

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.
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.
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.
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.
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 flagged the risk of longer-term inflationary headwinds.
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