Market news
01.03.2021, 11:16

Richmond Fed president Barkin: Economy is poised for a very healthy spring and summer - WSJ

  1. We're at the point where there's daylight on the horizon for U.S. economy
  2. U.S. economy will continue recovering from the coronavirus pandemic this year
  3. Expects inflation to rise, but not to problematic levels
  4. I would be disappointed if we didn't see yields rise as the outlook improves
  5. Bond yields remain meaningfully lower than pre-pandemic levels
  6. Says he remains confident that Fed will reach its goal of getting inflation sustainably up to 2% over the long run

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