Richmond Fed’s Barkin Sees ‘Healthy But Not Overheated Demand’
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Federal Reserve Bank of Richmond President Tom Barkin states that demand in the US economy is strong but not overheating. He sees no signs of pressure on wages or prices that would indicate an escalation. Barkin believes that the Fed does not need to adopt a hiking bias at this time.
#FederalReserve #UsEconomy #Demand #TomBarkin
https://www.bloomberg.com/news/articles/2024-04-19/richmond-fed-s-barkin-sees-healthy-but-not-overheated-demand