Fed, Barkin and inflation

Fed policy may need to stay restrictive for longer due to inflation risk, Barkin says
The U.S. central bank's benchmark policy rate should stay restrictive until it is more certain that inflation is returning to its 2% target, Richmond Federal Reserve President Thomas Barkin said on Friday.
Fed's Barkin sees still-restrictive rates lowering inflation in 2025
Federal Reserve Bank of Richmond President Tom Barkin judged that interest rates remain sufficiently restrictive to further lower inflation in 2025, he said on Friday. “Inflation is not yet back to target,
Barkin Says He Prefers Fed Keep Rates Restrictive for Longer
Federal Reserve Bank of Richmond President Tom Barkin said he believes the central bank’s current level of interest rates remains restrictive enough to lower inflation in 2025.
Inflation increased in November, complicating Fed's next rate decision
Core inflation -- a closely watched measure that strips out volatile food and energy prices -- increased 3.3% over the year ending in November, matching the previous month, the data showed. Food prices rose 2.4% in November compared to a year ago, matching the previous month and marking slower price increases than the overall inflation rate.
The Fed Is Unlikely To Cut Interest Rates In January Due To Inflation
The Federal Reserve cut interest rates by 0.25% on December 18 but an interest rate cut is unlikely when the Fed issues its next policy decision on January 29.
Fed’s Barkin sees risk that inflation pressures reemerge
Richmond Fed President Tom Barkin said Friday his outlook for the economy is positive, with continued growth and price-sensitive consumers helping lower inflation. But he quickly added that there is a more risk that inflation pressures pick up rather than subside.
Economic Outlook for 2025 Positive But Inflation Risks Persist, Richmond Fed's Barkin Says
Richmond Fed President Tom Barkin said Friday that his 2025 baseline expectation for the US economy is positive amid strong consumer spending, though there are risks on the inflation front. Last month,
Barkin Says Fed Doesn't Need to Be Nearly as Restrictive as It Was
Federal Reserve Bank of Richmond President Tom Barkin says he believes the central bank's current level of interest rates remains restrictive enough to lower inflation in 2025. He speaks during a Maryland Bankers Association event in Linthicum Heights,
The Fed’s go-to inflation gauge ticked up less than expected last month
The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were ...
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The Cost of Ignoring Inflation in 2025 — How Much It Could Set Back Your Retirement
Inflation has been chipped away at in the past year, but it’s never a good idea to expect it’ll stay under control forever.
The Fed’s Preferred Inflation Measure Sped Up in November
The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more ...
U.S. inflation in 2024: H1 progress, then a sideways trend that made the Fed notice
After being a significant problem in 2022 and then coming into considerable control in 2023, inflation this year settled into ...
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The Fed begins to weigh how Trump policies could fuel inflation
He wouldn’t say who, but he suggested that some Fed officials indicated they believe that Trump’s fiscal policies could ...
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Jobs, inflation, and the Fed: How they're all related
Meanwhile, an uptick in unemployment can have a silver lining: As inflation slows and jobless numbers increase, the Fed moves to lower interest rates, just as they did following their November ...
Inflation Is Worse for the Young, and Black Families
A December blog post from the Richmond Fed helps explain why inflation continues to fuel angst among consumers even though ...
Treasuries post annual gain as Fed starts interest-rate cuts
The US Treasury market ended 2024 with a small gain as inflation resumed edging lower after the first quarter and the Federal ...