Both Atlanta Fed's Bostic and Richmond Fed's Barkin are participating in a fireside chat. Some comments:
- Fed's Bostic (2024 voter) suggests the current policy stance is likely sufficiently restrictive.
- Fed's Barkin (2024 voter) highlights a wide range of possible economic outcomes.
- Anecdotal evidence contradicts the latest GDP report.
- There's a belief that an economic slowdown is necessary to address inflation.
- Barkin: Not seeing full effect of rate hikes