Post-Pandemic Era May Spell More Inflation Headwinds, Fed’s Barkin Says

Federal Reserve Bank President Thomas Barkin said that shifts taking place in the post-pandemic economy could potentially lead to more inflationary headwinds that require tighter monetary policy.

In a speech Monday at a Fed conference on technology-enabled disruption, Barkin posed the hypothetical question of what it would mean if the disinflationary forces that previously helped the Fed obtain its 2% inflation goal are changing.