Fed Barkin: Inflation comes back stronger if you back off inflation too soon

Richmond Fed President Thomas Barkin reflected upon the lessons of the 1970s, highlighting the risks associated with an early pullback on tackling inflation. In his exact words, Barkin said, “The ’70s provides a clear lesson: If you back off inflation too soon, inflation comes back stronger, requiring the Fed to do even more, with even […]

The post Fed Barkin: Inflation comes back stronger if you back off inflation too soon appeared first on Action Forex.