Published Date Feb 08, 2024

Federal Reserve Bank of Richmond President Thomas Barkin reiterated policymakers have time to be patient about the timing of rate cuts, pointing to a strong labor market and continued disinflation.

“No one wants inflation to reemerge,” Barkin said Thursday in prepared remarks at an Economic Club of New York event.

READ MORE: Fed Has Time to Be Patient on Cutting Interest Rates, Barkin Says

By Caroline Gaudette

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