Fed's Barkin says the current rise in inflation is clearly due to temporary factors

Author: Eamonn Sheridan | Category: Central Banks

Thomas Barkin is president of the Federal Reserve Bank of Richmond 

  • current rise in inflation is clearly due to temporary factors
  • market measures of long-term inflation expectations have remained steady 
  • hard to know what inflation will do in the medium-term, is watching carefully
  • says at some point we will taper
Barkin making it clear what he thinks of the higher inflation rates, in the transitory camp. 

Thomas Barkin is president of the Federal Reserve Bank of Richmond 

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