Latest news with #TomBarkin


Bloomberg
15-07-2025
- Business
- Bloomberg
Barkin Says Fed's Rate Panel Hasn't Always Followed Chair's Lead
Federal Reserve Bank of Richmond President Tom Barkin said he believed the next leader of the US central bank will pursue monetary policy that's best for the economy, but also pointed out that the Fed's interest-rate-setting panel need not take direction from the chair. 'I want to hope and trust that person is going to try to decide the best policy for the country,' Barkin said Tuesday at an event in Baltimore.

Wall Street Journal
05-07-2025
- Business
- Wall Street Journal
To Understand the Economy, This Fed President Is Ditching His Desk
DURHAM, N.C.—Sitting around a table with 15 local business leaders, Tom Barkin peppered them with questions like an economic detective. Are you planning to expand or shrink your workforces? Are you making new investments or pulling back? When the conversation turned to inflation, the Richmond Fed president extracted an uncomfortably honest answer about how President Trump's tariffs have some firms thinking about their power to raise prices.

Wall Street Journal
02-07-2025
- Business
- Wall Street Journal
Why This Fed President Is in No Rush to Cut Interest Rates - WSJ's Take On the Week
With mounting pressure from President Trump and investors to lower interest rates, all eyes are on the Federal Reserve's upcoming decision later this month. In this bonus episode of WSJ's Take On the Week, co-host Gunjan Banerji is joined by Tom Barkin, president and CEO of the Federal Reserve Bank of Richmond, to discuss the future of monetary policy, inflation and tariffs, and why he's in no rush to cut interest rates. Plus, Barkin shares why he likens the current economic environment to 'driving through fog,' the connection between consumer sentiment and spending, and how AI could reshape the job market. Finally, Barkin gives his take on whether investors should be expecting a recession any time soon. This is WSJ's Take On the Week where co-hosts Gunjan Banerji, lead writer for Live Markets, and Telis Demos, Heard on the Street's banking and money columnist, cut through the noise and dive into markets, the economy and finance—the big trades, key players and business news ahead. Have an idea for a future guest or episode? How can we better help you take on the week? We'd love to hear from you. Email the show at takeontheweek@ To watch the video version of this episode, visit our WSJ Podcasts YouTube channel or the video page of Further Reading Trump Considers Naming Next Fed Chair Early in Bid to Undermine Powell For more coverage of the markets and your investments, head to WSJ's Heard on The Street Column, and WSJ's Live Markets blog. Sign up for the WSJ's free Markets A.M. newsletter.
Yahoo
02-07-2025
- Business
- Yahoo
Why This Fed President Is in No Rush to Cut Interest Rates
Tom Barkin, president and CEO of the Richmond Federal Reserve, joins WSJ's Take On the Week to discuss the future of monetary policy, the connection between consumer sentiment and spending, and why he's in no rush to cut interest rates. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-07-2025
- Business
- Yahoo
Why This Fed President Is in No Rush to Cut Interest Rates
Tom Barkin, president and CEO of the Richmond Federal Reserve, joins WSJ's Take On the Week to discuss the future of monetary policy, the connection between consumer sentiment and spending, and why he's in no rush to cut interest rates. Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati