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Richmond Fed's Barkin signals more rate hikes likely amid inflation concerns.

Market News
05 Nov 2026, 16:38 WIB
CNBC
View Source
Neutral
Richmond Fed's Barkin signals more rate hikes likely amid inflation concerns.

Richmond Federal Reserve President Thomas Barkin indicated that interest rates will likely rise further to combat high inflation, despite uncertainty about the pace and magnitude of increases. He emphasized that unemployment is near record lows while inflation remains too high, suggesting a gradual approach to rate hikes. Barkin noted current policy is close to neutral but slightly accommodative, and highlighted inflation as the main risk. Markets expect at least one more rate hike in December and another in 2027 as the Fed continues to monitor economic data.

Richmond Federal Reserve President Thomas Barkin's outlook on interest rate hikes is provided here alongside Pluang's Financials sector data as of Nov 05, 2026 21:12 WIB. Among 142 priced Financials-sector US stocks tradable on Pluang, 100 rose and 38 fell today. Notable movers include SEZL at USD 179.02 with a 1-day change of +30.97%, and OXLC at USD 5.55 down -14.88%.

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