Fed’s Barkin: The Fed’s last mile comes with structural risks

U.S. Fed President Doubts Sustained Productivity Surge Despite Recent Gains

Richmond Fed President Tom Barkin says it is hard to know how long higher productivity will last.

Fed Rate Cut: Fed’s Barkin Signals Support for Rate Pause Amid Inflation Concerns

In his latest remarks, Richmond Fed President Tom Barkin said his focus is on inflation, signaling he is not opposed to further Fed rate cuts until inflation is at the central bank’s 2% target. His comment comes as crypto market participants speculate on how many cuts the FOMC will make this year, especially with the The post Fed Rate Cut: Fed’s Barkin Signals Support for Rate Pause Amid Inflation Concerns appeared first on CoinGape.

Fed’s Barkin: The Fed’s last mile comes with structural risks

Remarks from Federal Reserve (Fed) Bank of Richmond President Thomas Barkin underline the economy’s resilience even as inflation remains above target. Barkin notes that, to date, rate cuts are framed as insurance for the labour market while the Fed works through the final phase of disinflation.

Fed’s Barkin: Cuts so far helped support job market while waiting on inflation’s “last mile” - Regional Media News

COLUMBIA, South Carolina, Feb 3 (Reuters) - The U.S. Federal Reserve's interest rate cuts so far have helped insure the health of the job market while the Fed tries to complete "the last mile" in returning inflation to the central bank's 2% target, Richmond Fed President Tom Barkin said on Tuesday. The 1.75 percentage points of cuts approved since the fall of 2024 have "taken out some insurance to support the labor market as we work to complete …