Federal Reserve Bank of Richmond President Thomas Barkin.

Earlier remarks here:

More:

  • I'm focused on bringing down inflation
  • Don't want to do damage you don't have to do
  • In data so far have seen labor market that's still quite tight
  • Expect to see continuation of solid job growth
  • Fed can't operate well with 'stop-go' policy
  • You've got to get inflation under control, and make sure of it before you do any talk of loosening
  • How long rates stay high will depend what happens with inflation
Comments from the Richmond Fed President