
Report: Richmond Fed President Says US Sees ‘Demand Slowdown’
Federal Reserve Bank of Richmond President Tom Barkin reportedly said there is a “demand slowdown.” At the same time, Barkin declined to say the country is nearing a recession, Seeking Alpha reported Thursday (May 25). Speaking Thursday at the Southwest Virginia Economic Forum, Barkin said demand is cooling from unusually hot conditions seen during the pandemic, following the Fed’s raising […]
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