Barkin: Fed Continues Policy Accommodation

The President of the Federal Reserve Bank of Richmond, Thomas Barkin, said on Wednesday in an interview with Yahoo Finance that the Fed will continue with its policy accommodation through monthly bond purchases.

“Every month we engage in those asset purchases is more stimulus.”

“That’s a lot of support to the economy. In terms of whether we do something different or more, let’s just see how it goes. We are projecting a lot – let’s see how it goes.”