Fed’s Barkin Emphasizes a Modestly Restrictive Approach to Monetary Policy

In a recent statement, Richmond Fed President Thomas Barkin indicated that it remains appropriate for the Federal Reserve to adopt a "modestly restrictive" stance on monetary policy as the central bank continues to fight inflation. Barkin's comments come at a time when many economists and policymakers are closely monitoring the economic landscape, particularly as inflationary pressures persist and interest rate adjustments have become a focal point for the central bank.

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