Richmond Fed's Barkin suggests Fed could look through oil price shock for now

Richmond Fed president Tom Barkin suggested Thursday that raising interest rates may not be the right prescription for the current moment and that the Federal Reserve could look past the surge in oil ...
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Fed's Barkin: Policy in good place to respond to ongoing shocks

RALEIGH, North Carolina, May 21 (Reuters) - How businesses and consumers respond to ongoing economic shocks will determine if the U.S. Federal Reserve can "look through" current high inflation or ...
Morningstar

Fed's Barkin: Raising Rates Doesn't Address Root Cause Behind Supply Shock-Driven Inflation

Richmond Fed President Thomas Barkin said raising interest rates doesn't address the root cause behind supply-shock-driven inflation in a speech on Thursday, but added that if inflation shocks persist ...

Kevin Warsh’s Fed isn’t cutting interest rates any time soon. But a hike isn’t yet on the table, either.

The Federal Reserve isn’t going to reduce borrowing costs anytime soon because of resurgent inflation, but a rate hike is also off the table for now as the regime of new Chair Kevin Warsh gets ...

U.S. Fed policymakers stance on interest rate hikes

Federal Reserve policymakers are expected to again hold short-term borrowing costs steady when they next meet April 29-30. Most Fed policymakers say a reduction in the policy rate is still a ...