{"id":438581,"date":"2026-09-23T00:40:21","date_gmt":"2026-09-22T17:40:21","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/richmond-feds-barkin-says-inflation-risks-outweighed-employment-risks-in-last-weeks-rate-hike-438581\/"},"modified":"2026-09-23T00:40:21","modified_gmt":"2026-09-22T17:40:21","slug":"richmond-feds-barkin-says-inflation-risks-outweighed-employment-risks-in-last-weeks-rate-hike","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/richmond-feds-barkin-says-inflation-risks-outweighed-employment-risks-in-last-weeks-rate-hike-438581\/","title":{"rendered":"Richmond Fed\u2019s Barkin says inflation risks outweighed employment risks in last week\u2019s rate hike"},"content":{"rendered":"<div>\n<p dir=\"auto\" class=\"PDq2pG_selectionAnchorContainer\">Comments from Richmond Fed\u2019s Barkin cross the wires, followed by remarks from his Q&amp;A:<\/p>\n<ul>\n<li>\nThe US central bank raised rates last week because risks to inflation outweigh risks to maximum employment.\n<\/li>\n<li>\nLast week\u2019s rate hike will help restore price stability; we\u2019ll see if more hikes are needed.\n<\/li>\n<li>\nEconomic conditions are, if anything, firming.\n<\/li>\n<li>\n\u201cPassing\u201d shocks like tariffs and energy are not fading; there is a risk that high inflation today will impact future inflation.\n<\/li>\n<\/ul>\n<p dir=\"auto\">In the Q&amp;A, Barkin added:<\/p>\n<ul>\n<li>\nThe labor market is not overheated or even particularly tight.\n<\/li>\n<li>\nDon\u2019t see much evidence that consumer balance sheets are stretched.\n<\/li>\n<li>\nConsumers will spend as long as the job market remains healthy.\n<\/li>\n<\/ul>\n<p dir=\"auto\">Analysis: Barkin is keeping the door open to more rate hikes because he sees persistent inflation as the larger risk. At the same time, he is not describing an overheated labor market. That distinction matters: in his view, continued consumer spending can support the economy even without an especially tight jobs market.<\/p>\n<p dir=\"auto\">For traders, the test is whether inflation stabilizes following last week\u2019s hike. If it does not, Barkin\u2019s comments suggest the Fed could have more work to do. He has not said another hike is certain.<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Comments from Richmond Fed\u2019s Barkin cross the wires, followed by remarks from his Q&amp;A: The US central bank raised rates last week because risks to inflation outweigh risks to maximum employment. Last&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-438581","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/438581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=438581"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/438581\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=438581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=438581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=438581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}