Fed’s Barkin eschews forward monetary guidance
Bank of Richmond Federal Reserve (Fed) President Thomas Barkin said on Thursday that he doesn't think it's the right time for offering strong forward guidance in light of uncertainty surrounding inflation, US employment, and the long-term impact of artificial intelligence (AI) on the labor market.
Bank of Richmond Federal Reserve (Fed) President Thomas Barkin said on Thursday that he doesn't think it's the right time for offering strong forward guidance in light of uncertainty surrounding inflation, US employment, and the long-term impact of artificial intelligence (AI) on the labor market.
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