Fed Increasingly Turning to Anecdotes to Gauge Economy
(Bloomberg) -- Federal Reserve Bank of Richmond President Thomas Barkin asked for a show of hands: How many business people expect their price increases will be higher in the next year than before the Covid-19 pandemic? About two-thirds of the group raised hands.Most Read from BloombergMicrosoft Ends Weekend of OpenAI Drama With Coup of Its OwnThe Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAIOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleOpenAI’s Murati A