Published Nov 9, 2026, 12:06 PM ET · Updated 4 days ago · 2 sources

Fed’s Barkin Says Policy Direction Clear, But Needs Careful Pace

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Fed’s Barkin Says Policy Direction Clear, But Needs Careful Pace

Federal Reserve Bank of Richmond President Tom Barkin signaled robust demand and stubbornly high inflation mean interest rates will need to go higher, though he cautioned that any hikes will need to be done at a careful pace.