Thomas Barkin, a representative of the Federal Reserve, remarked that the Fed's approach to adjusting interest rates will hinge on how effectively businesses and consumers navigate the prevailing economic hurdles. He pointed out that the Fed is actively collecting data on employment figures and inflation rates.

Thomas Barkin, a representative of the Federal Reserve, remarked that the Fed's approach to adjusting interest rates will hinge on how effectively businesses and consumers…

Em discurso, o presidente da distrital do Federal Reserve de Richmond destacou que as medidas de inflação esperada para horizontes mais longos ainda permanecem bem ancoradas

Richmond Fed President Tom Barkin says current monetary policy is well-positioned to handle supply shocks, citing strong consumer spending and stable inflation expectations.

Richmond Fed's Thomas Barkin warns repeated supply shocks risk unanchoring inflation expectations, with PCE inflation at 3.5% after five years above target.