Barkin did not comment on whether he was yet convinced that another rate increase would be needed when the Fed meets May 2-3, but said he would be “nimble” and open to options as the Fed works ...
17-18 meeting. FED'S POWELL: ‘THE TIME HAS COME’ FOR INTEREST RATE CUTS Barkin said he was taking a "test-and-learn" approach to rate reductions, likely pointing to his support for an initial ...
Reuters Graphics Richmond Fed President Thomas Barkin calls it a "low-hiring, low-firing mode." "That doesn't feel like something that's going to persist," he said in a Bloomberg podcast last ...
Chicago Fed President Austan Goolsbee offers yet another argument for cutting rates: the Fed's targeted year-over-year inflation measure has dropped, to 2.5% in July from 3.3% a year earlier, even as ...
The Federal Reserve this afternoon announced a cut in interest rates of one-half percentage point, higher than the previously ...
US FIRMS' ‘LOW FIRING’ APPROACH COULD TURN TO MORE LAYOFFS, FED'S BARKIN WARNS Another food manufacturer wrote, "Agriculture is hurting. No farm bill, weather and falling prices for our ...
“The mindset I like on this is, ‘Test and learn,’" said Richmond Fed President Tom Barkin in an interview last month. “Testing and learning while you go is a much better way to go ...
Despite millions of dollar worth of business investment coming to West Virginia, a lack of housing remains a challenge for ...
To some, like Richmond Fed President Thomas Barkin, that’s a combination that is unlikely to continue for long. “They have a significant question around them now in terms of labour market ...
The next state employment report from the Richmond Fed is scheduled for Sept. 20. Unemployment, inflation rates Barkin said the U.S. economy is still in pretty healthy shape. "Unemployment in the ...