Richmond Fed Pres. Thomas Barkin (nonvoting member in 2023) in an interview with CNN said:
- Case for raising rates this week was pretty clear
- Labor markets are tight
- People hate inflation . Inflation is unfair
- People want the Fed to get control of inflation
- Bringing inflation down creates better conditions for jobs
- The economy remains it too high that
- Every decision is hard and fully debated
CLICK for the full interview with CNN by CLICKING HERE