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 progress on lowering inflation toward its 2% goal, but that interest rates should ...
The Fed's Two-Day Policy Meeting Kicked Off Tuesday—What You Need To Know
The Federal Reserve is widely expected leave its benchmark interest rate steady this week, but economists and market ...
Yahoo Finance27d
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.
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 Federal Reserve President Thomas Barkin said on Wednesday after a government ...
Bloomberg L.P.21d
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. “There is no ...
FXStreet27d
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 ...
Nasdaq26d
Strong Stocks and Dovish Fed President Barkin Weigh on the Dollar
Losses in the dollar accelerated due to dovish comments from Richmond Fed President Barkin, who said the Fed doesn’t need to be as restrictive as it once thought. On the positive side for the ...
Seeking Alpha27d
Fed's Barkin sees still-restrictive rates lowering inflation in 2025
but we don’t think we need to be nearly as restrictive as we once were to finish that job,” Barkin, who voted in favor of a 25-basis-point Fed rate cut at the December Federal Open Market ...
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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 ...
Bloomberg L.P.27d
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 ...
Reuters15d
Fed officials say latest inflation data helpful as they await Trump policies
The December CPI report "continues the story we have been on, which is that inflation is coming down towards target," Richmond Fed President Thomas Barkin told reporters at a Maryland Chamber of ...