Federal Reserve Barkin: Many people at home think the current interest rate level is tight enough to curb inflation

Comparing news, the 2027 FOMC voting committee and Richmond Federal Reserve Chairman Barkin delivered a speech on the economic outlook. Barkin did not specify whether he thought interest rates needed to be raised, but he pointed out that many people in the Federal Reserve think the current interest rate level is tight enough to curb inflation.

Barkin also said that there is also reason to believe that price pressure is entrenched, and that it may be necessary to achieve the Fed's goals through weakening demand or interest rate hikes.