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THOMAS BARKIN
US stocks today: Nasdaq nosedives as Broadcom revenue miss dents chip stocksThe S&P 500 and the Nasdaq dropped at the open on Thursday, as Broadcom's revenue miss pressured chip stocks, while equity investors took...- US Stock Market on Thursday: S&P 500, Nasdaq, Dow Jones set for volatile trading. Full list of stocks to watch out todayDow Jones, S&P 500, Nasdaq investors in the U.S. Stock Market will look for Broadcom stocks, Micron Technology, Advanced Micro Devices, Mar...
- Gold slips as oil strength, interest rate worries dampen appealGold prices dipped for a second week, pressured by escalating oil costs and growing inflation worries. Concerns over potential interest rat...
- Gold price crashes: Silver, gold rate fall big. What to expect in June?Gold rate has been in volatile mode even as oil prices have jumped as investors doubted the prospects of a breakthrough in U.S.-Iran peace ...
- Fed's Barkin: Policy in good place to respond to ongoing shocksThomas Barkin, a representative of the Federal Reserve, remarked that the Fed's approach to adjusting interest rates will hinge on how effe...
- Fed officials note abundance of uncertainty in Trump's policy movesFederal Reserve officials express caution regarding the potential impacts of tariffs on inflation and the complexity of their effects on co...
- Fed's Barkin says price pressures may not fade as fast as expectedRichmond Federal Reserve President Thomas Barkin highlights that returning inflation to the 2% target may take longer, limiting the Fed's a...
- Fed officials say December CPI did not budge view of inflationOverall consumer price inflation on a 12-month basis rose to 3.4% in December from 3.1% the month before. But excluding volatile food and e...
- Fed's Barkin: Fed has time to see data before making next rate move call"I see an economy that is much further along the path to demand normalization than much of the data would tell you," even as "the path for ...
- Fed's Barkin: Fed policy has helped lower housing market demandFederal Reserve Bank of Richmond President Thomas Barkin said on Thursday Fed rate rises have slowed the housing sector.
- Fed's Barkin: Reaching 2% target important to Fed's credibilityWe have one big weapon and that is credibility," Barkin said in comments to the Danville Pittsylvania County Chamber of Commerce. "There is...
- Dollar hovers near two-month high, yen near 146/dlrThe dollar index, which measures the U.S. currency against six rivals, was at 103.55, not far from the two-month high of 103.71 it touched ...
- US stock market: Wall Street closes near flat as Treasury yields surgeThe benchmark U.S. 10-year Treasury yield rose as high as 4.198% during the session, the highest since November, extending its climb from a...
- Fed's Barkin: Inflation still too high, hopes recent data is 'a sign'His remarks come just over a week after the Fed raised its benchmark short-term interest rate by a quarter percentage point to a range of 5...
- Interest rates may need to go higher to tame inflation: US FedFed governor Christopher Waller said Friday headline inflation has been "cut in half" since peaking last year, but prices excluding food an...
- Barkin favors Fed acting more deliberately than hikes last yearStill, US inflation remains well above the 2% target, with prices measured by the preferred gauge rising 5.4% in the 12 months through Janu...
- Fed's Barkin: labor supply likely will remain constrained"Labor supply looks like it will remain constrained...and the Fed's efforts to bring demand back into balance won't be easy," Barkin said i...
- Fed's Barkin sees slower rate hikes, for longer, maybe higherBarkin said he believes the Fed needs to make sure not to stop raising rates too soon, and should save any talk of potentially loosening po...
- Gold ekes out gains as dollar rally takes a breatherThe European Central Bank must keep raising interest rates even if a recession in Germany is increasingly likely, as inflation will stay un...
- More fiscal help likely required if unemployment stays high: Fed's BarkinI think we would be asking the question of what fiscal support would be valuable.
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