Richmond Fed’s Tom Barkin Says Inflation Fight Isn’t Over
The Federal Reserve’s fight against inflation isn’t over even though price-pressure readings have moved in the right direction recently, Federal Reserve Bank of Richmond President Tom Barkin said.
The policy maker said the U.S. central bank must remain vigilant on reducing inflation even as rising interest rates could boost the risk of recession.
The Federal Reserve’s fight against inflation isn’t over even though price-pressure readings have moved in the right direction recently, Federal Reserve Bank of Richmond President Tom Barkin said.
The policy maker said the U.S. central bank must remain vigilant on reducing inflation even as rising interest rates could boost the risk of recession.
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