Economics
Fed’s Barkin Says ‘Time Will Tell’ If Ukraine Changes Rate Outlook
- He affirms view that strong inflation warrants policy shift
- Richmond Fed chief says U.S. exposure to Russian economy low
People take photos of damage in Kyiv, Ukraine on Feb. 24.
Photographer: Chris McGrath/Getty ImagesThis article is for subscribers only.
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Federal Reserve Bank of Richmond President Thomas Barkin said it was too soon to judge if the Russian invasion of Ukraine was a reason for the U.S. central bank to alter course on plans to raise interest rates soon.