Barkin Says Fed Needs ‘Little Bit More Time’ to Lower Inflation

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Federal Reserve Bank of Richmond President Thomas Barkin said the US central bank needs to keep borrowing costs elevated for longer to lower inflation to its 2% target, citing higher prices in the services sector.

Barkin Says Fed Needs ‘Little Bit More Time’ to Lower InflationBernanke and Blanchard Say Central Banks Need Cooler Job MarketsBlackstone to Buy Priority Software Stake in Biggest Israel DealJamie Dimon Sees a ‘Lot of Inflationary Forces in Front of Us’Under Armour’s Shares Sink After Forecast Misses EstimatesDruckenmiller, Tepper Cash Out Gains on ‘Magnificent Seven’ Tech Stock JumpCrescent Energy Nears $2.

9 billion: Statistics CanadaThe Daily Chase: U.S.

 

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