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Reading: Richmond Fed’s Barkin Says a March Rate Rise Is Conceivable
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The Wall Street Publication > Blog > Business > Richmond Fed’s Barkin Says a March Rate Rise Is Conceivable
Business

Richmond Fed’s Barkin Says a March Rate Rise Is Conceivable

Editorial Board Published January 10, 2022
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Richmond Fed’s Barkin Says a March Rate Rise Is Conceivable
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Federal Reserve Bank of Richmond President Thomas Barkin supports the Fed’s hawkish outlook for monetary policy and is open to raising interest rates when the central bank’s bond buying stimulus effort winds down.

“I’m very supportive of what we did in December,” Mr. Barkin said in a Wall Street Journal interview on Friday, referring to the decision at the Federal Open Market Committee meeting last month to accelerate the Fed’s draw down of its asset purchases.

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