Richmond Fed president Barkin sees return to normal business environment in latter third of the year

Market news

17 February 2021

Richmond Fed president Barkin sees return to normal business environment in latter third of the year

Says he is optimistic for 2021 but recent fiscal package provides help
Retail sales bump in January likely aided by stimulus
Vaccinated populations have a lot of pent up demand starting toward the middle of the year

U.S. industrial production grows more than forecast in January

U.S. PPI rises more than anticipated in January

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