Fed’s Barkin Says Balance Between Jobs, Inflation Risks Unclear

Fed’s Barkin Says Balance Between Jobs, Inflation Risks Unclear

Federal Reserve Bank of Richmond President Tom Barkin said uncertainty over the direction of the US economy is decreasing, but it’s still unclear whether the central bank should concentrate more on controlling inflation or bolstering the job market.

Fed’s Barkin sees risks for inflation and jobless rate to climb simultaneously - Action Forex

Speaking today, Richmond Fed President Thomas Barkin said recent policy developments — including a major tax bill, immigration changes, and the completion of key tariff and trade negotiations — have lifted much of the “fog” around the economic outlook. What happens next, he said, will hinge on how households respond to potential price increases from […] The post Fed’s Barkin sees risks for inflation and jobless rate to climb simultaneously appea…

Fed’s Barkin: Balance between inflation and unemployment is unclear

Richmond Federal Reserve (Fed) President Tom Barkin said on Tuesday that strong consumer spending might be cushioning the impact of tariffs on inflation, but he warned it could eventually give way to weaker demand and higher unemployment.