Bargain speaks on a online event

Richmond Fed's Barkin speaking on a online event is saying:

  • Spending is going back faster than jobs
  • some workers frozen by mismatch of skills vs. open jobs
  • divided government looks highly likely
  • recent escalation in cases makes him believe we still have a way to go
  • may be one more smaller targeted stimulus, but may see revisiting of fiscal prudence in next month's

Fed's Barkin will be a voting member in 2021