Tag: Richmond Federal Reserve President

The Roaring ’20s: Richmond Fed Bank President Expects Boom to Continue

January 20, 2022
Business & Economyeconomic policieseconomyRichmond Federal Reserve PresidentRoaring TwentiesThomas Barkin
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The U.S. economy could go through a second edition of the Roaring Twenties, said Federal Reserve Bank of Richmond President and CEO Thomas Barkin in a recent speech. Speaking in front of the Virginia Bankers Association and Virginia Chamber 2022 Financial Forecast event, Barkin purported that U.S. households have seen a significant increase in net…

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Fed’s Barkin Says Labor Supply Problems May Outlast Pandemic

October 20, 2021
Business & EconomyEconomieseconomylabor shortagesMarketsRichmond Federal Reserve PresidentThomas BarkinUSUS News
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WASHINGTON—U.S. labor shortages may outlast the coronavirus pandemic and limit overall economic growth unless the country comes up with better education, health, and childcare policies to boost the number of people willing and able to work, Richmond Federal Reserve President Thomas Barkin said on Tuesday. “As our workforce ages and birthrates decline, we could find…

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