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Richmond Fed’s Barkin Says a March Rate Rise Is Conceivable
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Federal Reserve Bank of Richmond President Thomas Barkin said Friday he supports the central bank’s hawkish outlook for monetary policy and is open to raising interest rates when its bond buying stimulus effort winds down.
“I’m very supportive of what we did in December,” Mr. Barkin said in a Wall Street Journal interview, referring to the decision at the Federal Open Market Committee meeting last month to accelerate the Fed’s draw down of its asset purchases.
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