Fed's Barkin: 'Slow progress' on inflation, sees more hikes
In this Feb. 5, 2018, file photo, the seal of the Board of Governors of the United States Federal Reserve System is displayed in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington.Richmond Federal Reserve President Thomas Barkin on Friday, Feb. 17, 2023 downplayed recent signs that the economy is strengthening, but also said he is prepared to keep raising interest rates in smaller increments as often as needed to quell inflation. (AP Photo/Andrew Harnik, File)
By CHRISTOPHER RUGABER
AP Economics Writer
WASHINGTON — A top Federal Reserve official downplayed recent signs that the economy is strengthening, but also said he is prepared to keep raising interest rates in smaller increments as often as needed to quell inflation....
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