Fed’s Barkin says economy looks ‘pretty good,’ but labor market bears watching
The U.S. economy is in a good place, but the labor market bears watching, Richmond Fed President Tom Barkin said Tuesday. “So, the labor market might be fine or it might continue to weaken,” Barkin said,
Barkin Says Fed in Good Place to Respond to Evolving Economy
Federal Reserve Bank of Richmond President Thomas Barkin said the economy is in a good place, which has allowed the US central bank to lower borrowing costs.
Fed 'in position' to respond to risks as needed, Barkin says
With inflation close to the Federal Reserve's 2% target, the labor market resilient, and the U.S. central bank in the process of lowering borrowing costs, policymakers are ready to respond if inflation pressures rise or the job market weakens,
Fed's Barkin: Economy and policy are in a good place
CNBC's Steve Liesman reports on the latest comments from Richmond Federal Reserve president Tom Barkin. What happens to Elise Stefanik’s New York House seat? 11 Classic Old-School Dinners You Hardly See Anymore The Rookie's Nathan Fillion joins cast for ...
Federal Reserve Officials Say They're in ‘Good Place’ to Respond to Economic Changes
Key Takeaways While Fed officials didn’t comment on President-elect Donald Trump's proposed policies, they said the central bank was in a ‘good place’ to respond to economic developments.Officials said they closely monitor inflation to ensure it doesn’t reignite.
Fed’s Barkin Says Policy Is Ready to Respond to Inflation, or Job Weakness
The Richmond Fed president says that while the outlook for the U.S. economy is murky, the central bank is ready to respond regardless.
Trump inherits a healthy economy, experts agree, and he could get credit when Americans eventually feel better
Inflation continues to come down, but it will take six to 12 months for average Americans to feel the effects.
The better the economy becomes, the more Trump struggles to talk about it
On Monday, Trump said the economy is good, and he wants credit. On Wednesday, he said the economy is “a disaster” and that ...
Lifelong Dem who voted for Trump butts heads with CBS reporter on Biden’s economy
A Democratic voter in Pennsylvania insisted “nobody’s wages went up” after CBS journalist Scott Pelley questioned her vote ...
Trump’s plans to extend tax cuts and slash red tape will likely spur economic growth — but there’s a cost
Extending those tax cuts from his first term will put serious strain on the national debt, which is currently at ...
The economy has been good—but not in the way voters wanted
Vice President Kamala Harris lost the presidential race on Tuesday in large part because Americans are dissatisfied with the economy. According to an NBC News exit poll, 31% of voters cited the ...
Experts say Trump's threatened China tariffs could actually help Beijing weather an economic storm
Could the tariffs Trump's threatened to slap on Chinese imports backfire and help Beijing? Some experts say they will.
How Trump's victory could affect the US economy
with investors expecting lower taxes and deregulation to unleash economic growth and profits, economists said. The market reaction "validates the view that a Trump administration will be generally ...