Richmond Fed President Tom Barkin said it is “a close call” whether the central bank’s interest-rate setting is high enough to bring inflation down

The Richmond Fed president said he doesn’t know whether he would have joined the three colleagues who dissented in favor of a rate increase. 2026-07-31 16:49:00 Nick Timiraos

Continue ReadingRichmond Fed President Tom Barkin said it is “a close call” whether the central bank’s interest-rate setting is high enough to bring inflation down

Richmond Fed President Tom Barkin said it is “a close call” whether the central bank’s interest-rate setting is high enough to bring inflation down

The Richmond Fed president said he doesn’t know whether he would have joined the three colleagues who dissented in favor of a rate increase. 2026-07-31 16:49:00 Nick Timiraos

Continue ReadingRichmond Fed President Tom Barkin said it is “a close call” whether the central bank’s interest-rate setting is high enough to bring inflation down