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Richmond Fed's Barkin says current policy well-positioned for shocks
Richmond Fed President Tom Barkin says current monetary policy is well-positioned to handle supply shocks, citing strong consumer spending and stable inflation expectations.
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Richmond Fed's Barkin says current policy well-positioned for shocks
Richmond Fed President Tom Barkin says current monetary policy is well-positioned to handle supply shocks, citing strong consumer spending and stable inflation expectations.
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Federal Reserve's Barkin warns repeated supply shocks are testing the inflation anchor
Richmond Fed's Thomas Barkin warns repeated supply shocks risk unanchoring inflation expectations, with PCE inflation at 3.5% after five years above target.