Fed's Barkin Says Policy Should Move 'With Care' on Inflation
Richmond Fed President Tom Barkin said the central bank should proceed carefully in responding to inflation and has no base case for the December meeting.
By Howard SchneiderThe US central bank should move its monetary policy "with care" as it maps a response to inflation that remains its greatest risk, Richmond Federal Reserve President Tom Barkin said on Monday, adding he had no base case for what should be done at the coming December meeting."I do…