Fed's Barkin: Economy facing a rough several months

Author: Adam Button | Category: Central Banks

Comments from the Richmond Fed President:

  • Broad vaccine rollout probably not until summer
  • Spike in fiscal spending likely 'behind us' given likely divided government
  • Excess savings could propel economy
Barkin is a voter next year and I don't see him voting for anything remotely hawkish. In other Fed news, the procedural vote on Shelton's confirmation is coming in a couple minutes.

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