Fed's Barkin is still going - re more stimulus, 'let's see how it goes'

Author: Eamonn Sheridan | Category: Central Banks

Tom Barkin is the president and chief executive officer of the Richmond Fed.

  • says next few months will be a challenge as people, govts adapt to increased virus risk 
  • says vaccine is a very positive thing for businesses who now might see a path to invest, also for hard-hit industries who see a light at the end of the tunnel
  • says every month of asset purchases means more stimulus; a lot of support to economy
  • says in terms of whether would do more, 'let's see how it goes'

 more to come  
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