Fed's Barkin prefers to 'wait and see' on rates amid Trump policy uncertainty

  • Posted on February 25, 2025
  • By AOL
  • 5 Views
Fed's Barkin prefers to 'wait and see' on rates amid Trump policy uncertainty

Richmond Fed president Tom Barkin said Tuesday that he wants to keep interest rates 'modestly restrictive' until he gains more confidence inflation is returning to the central bank’s 2% goal, warning about lessons learned from the 1970s.
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