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Fed's Barkin says recent progress on inflation might be a 'head fake' It is prudent for the Federal Reserve to take its time with interest-rate cuts, Richmond Fed President Tom Barkin tells...
Markets are waiting on Fed speakers to give more guidance on the path and timing of interest rate cuts this afternoon.
Thomas Barkin, president of the Federal Reserve Bank of Richmond, wants to see a sustained period of cooling inflation before the central bank reduces...
It is prudent for the Federal Reserve to take its time with interest-rate cuts, Richmond Fed President Tom Barkin tells MarketWatch.
Two US Federal Reserve officials indicated Wednesday that the nation's central bank is on track to tackle inflation, but that it is still too soon to begin lowering interest rates. They have assigned a probability of more than 65 percent that the US central bank will have begun lowering interest rates by the time of its following meeting in May. da/nro