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Aug 3 (Reuters) - U.S. inflation remains too high, although recent readings showing price pressures have eased notably were welcome, Richmond Federal Reserve President Thomas Barkin said on Thursday.
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Fed’s Barkin Says Inflation Still Headed in ‘Right Direction’(Bloomberg) -- Federal Reserve Bank of Richmond President Thomas Barkin expressed optimism about inflation’s progress, but said the fight wasn’t over, citing potential risks that could stoke ...
It isn’t yet clear, he said, what consequences that trend might have on the economy and inflation. For now, Barkin said, inflation remains unacceptably high. A government report Wednesday on ...
"I still have the weight going toward inflation," Barkin said. "It's a stubborn road back...It doesn't mean you won't get it back. It just means it takes a while...to corral price setters into ...
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Fed’s Barkin wants more evidence on inflation before rate cutsThomas Barkin, President of the Federal Reserve Bank of Richmond stressed the need for further clarity on the inflation path before considering lowering interest rates. "My personal view is let ...
(Christopher Goodney/Bloomberg) Federal Reserve Bank of Richmond President Thomas Barkin said on Tuesday that he needs to see more progress in getting inflation sustainably down to the central ...
Richmond Fed president Tom Barkin said Friday that he expects inflation will continue to drop into next year — stickier inflation data aside — and hinted at slowing down the pace of rate cuts.
WASHINGTON — A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump's tariffs has caused some businesses to cut back on hiring and spending ...
It isn't yet clear, he said, what consequences that trend might have on the economy and inflation. For now, Barkin said, inflation remains unacceptably high. A government report Wednesday on ...
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