- Richmond Fed president Barkin: Economy is poised for a very healthy spring and summer - WSJ
Market news
1 March 2021
Richmond Fed president Barkin: Economy is poised for a very healthy spring and summer - WSJ
- We're at the point where there's daylight on the horizon for U.S. economy
- U.S. economy will continue recovering from the coronavirus pandemic this year
- Expects inflation to rise, but not to problematic levels
- I would be disappointed if we didn't see yields rise as the outlook improves
- Bond yields remain meaningfully lower than pre-pandemic levels
- Says he remains confident that Fed will reach its goal of getting inflation sustainably up to 2% over the long run
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