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Fed Barkin emphasizes need to uphold 2% inflation target for credibility

Fed Barkin emphasizes need to uphold 2% inflation target for credibility
Richmond Fed President Thomas Barkin voiced his perspective on the importance of adhering to its 2% inflation target today. He emphasized the paramountcy of maintaining the institution’s credibility with the public, noting, “We have one big weapon and that is credibility.” Elucidating on the choice of the 2% benchmark, Barkin said, “There is nothing magic […] The post Fed Barkin emphasizes need to uphold 2% inflation target for credibility appeared first on Action Forex... Read More
Posted: Aug 22 2023, 13:31
Author Name: actionforex
Views: 110176

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