Richmond Fed’s Barkin Wants To ‘Wait and See’ How Economy Evolves
– Keep Monetary Policy ‘Modestly Restrictive’ Til Confident Inflation Headed to 2% By Steven K. Beckner (MaceNews) – Richmond Federal Reserve Bank President Thomas Barkin warned Tuesday against a premature resumption of interest rate reductions in the current climate of continued excessive inflation and great uncertainty. Barkin said he favors keeping monetary policy “modestly restrictive” […]