Fed’s Barkin Says CPI Data Show Inflation Headed Toward 2% Goal
Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...
Fed policy may need to stay restrictive for longer due to inflation risk, Barkin says
The U.S. central bank's benchmark policy rate should stay restrictive until it is more certain that inflation is returning to its 2% target, Richmond Federal Reserve President Thomas Barkin said on ...
Fed's Barkin sees still-restrictive rates lowering inflation in 2025
Federal Reserve Bank of Richmond President Tom Barkin judged that interest rates remain sufficiently restrictive to further lower inflation in 2025, he said on Friday. “Inflation is not yet back to ...
Fed’s Barkin Says Term Premium Moving Long Rates, Not Inflation
The recent rise in long-term interest rates reflects higher risk premiums as opposed to concerns about inflation, Federal Reserve Bank of Richmond President Thomas Barkin said.
Fed’s Barkin Says Economy is Surprisingly Strong, Predicts More Gains
Federal Reserve Bank of Richmond President Thomas Barkin hailed the U.S. economy’s strength, forecasting more growth to come in 2025. “I think it’s fair to say: No one predicted this, and that ...
Bloomberg L.P.20d
Barkin Says He Prefers Fed Keep Rates Restrictive for Longer
Federal Reserve Bank of Richmond President Tom Barkin said there are still upside risks to inflation and growth, underscoring his preference to keep interest rates restrictive for longer. While ...
Fed Officials Say Latest Inflation Data Helpful as They Await Trump Policies
ANNAPOLIS, Maryland (Reuters) - U.S. inflation data for December indicates price pressures are continuing to ease, Richmond ...
US inflation ticks up again — but Dow surges as key Fed gauge dips
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
FXStreet20d
Fed's Barkin: We must see inflation at 2% or weakening in demand to cut rates.
Federal Reserve (Fed) Bank of Richmond President Tom Barkin delivered prepared remarks to the Maryland Bankers Association in Maryland on Friday, outlining the Fed's case for when to cut rates ...
InvestmentNews8d
CPI data show inflation progress toward 2% goal, says Fed's Barkin
Figures from December show core inflation tamer than expected, but "there's still work to do" amid broader uncertainty.
Yahoo Finance21d
Barkin Says He Prefers Fed Keep Rates Restrictive for Longer
Barkin, who voted in favor of a quarter-point ... and inflation slightly higher than officials had predicted. The Fed’s preferred inflation gauge rose 2.4% for the year ending in November.
Yahoo Finance8d
Fed’s Barkin Says CPI Data Show Inflation Headed Toward 2% Goal
The Fed lowered its benchmark interest rate at three consecutive meetings beginning in September, including by a quarter point at its most recent gathering in December. Barkin is among Fed ...