In First Speech, Fed’s Barkin Backs US Rate Rises Amid Strong Economy
FAIRFAX, Va.—U.S. interest rates have room to rise further given the remarkable strength of the U.S. economy, the Federal Reserve’s newest regional Fed president said on Monday in his first major speech on monetary policy since he was appointed. “Monetary policy is still pretty accommodative…when unemployment is low and inflation is effectively at our target, […]