Richmond Fed's Barkin Says he Expects More Rate Hikes But Unsure About How Many or When

Source: International Business Times

Richmond Fed Chair Thomas Barkin said he expects the central bank to continue hiking rates, but is unsure about the pace or the amount of decisions. Getty Images Richmond Federal Reserve President Thomas Barkin said he expects the central bank to continue hiking rates, but is unsure about the pace or the amount of such decisions. Speaking to CNBC, Barkin noted that "unemployment is near record lows, and inflation is too high," making the decision "pretty straightforward.