Tom Barkin, Richmond Fed President, discusses the impact of higher interest rates on the US economy and various sectors such as housing and banking. He highlights the resilience of the economy and how businesses have adjusted their plans in anticipation of a recession. Despite higher rates, house prices remain high due to changing priorities and limited supply. The chapter also delves into inflationary risks and the challenges faced by monetary policy.

Tom Barkin, president of the Richmond Federal Reserve, shares his insider perspective on the Jackson Hole Economic Symposium. He discusses the annual agenda set by the Kansas City Fed and the complexities of policy discussions among global central bankers. Barkin delves into the significance of Powell's recent speech on rate cuts, his observations on the labor market, and the challenges in interpreting economic indicators. The conversation highlights the delicate balance of monitoring inflation and adapting to economic shifts amidst emerging market dynamics.

Tom Barkin, Richmond Fed President, travels to North Carolina to gather real-time economic data from local businesses. Discussions include inflation, labor market, and challenges facing smaller towns. They visit a carport manufacturing company, a thermal underwear producer, and a yarn spinning business. Insights on workforce shortages, price pressures, and economic shifts are shared.

Richmond Fed President Tom Barkin discusses the current inflation trends in the US economy, questioning if it is a temporary challenge or a new trajectory. He explains his views on policy restrictions and lack of evidence for overheating demand, suggesting a lingering inflation above 2% for longer than expected.

Richmond Fed President Tom Barkin discusses the US economy and Fed policy. BetMGM CEO Adam Greenblatt talks about Super Bowl gambling. Mattel CEO Ynon Kreiz discusses earnings and the cultural influence of Barbie. The rise of Arm shares and the impact of AI spending are also explored.