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Economic Buzz: Fed well positioned to adjust rates as needed says Richmond Fed's Barkin
14-Aug-2025 10:46
Tom Barkin, President, Federal Reserve Bank of Richmond has commented on the US monetary policy. He noted that at July meeting, with the labor market near most estimates of maximum employment and inflation above target, the FOMC continued to hold the fed funds rate at a modestly restrictive level. We may well see pressure on inflation, and we may also see pressure on unemployment, but the balance between the two is still unclear. As the visibility continues to improve, we are well positioned to adjust our policy stance as needed, he noted.

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