Reservations

A central banker on the bizarre economy sounds like Spider-Man in the multiverse, saying he needs a few months 'to see where reality is'

11 days ago   |   By

Richmond Fed President Thomas Barkin , and Tom Holland as Spider-Man. REUTERS/Ann Saphir and Sony Pictures Releasing
It will take time to see what the post-crisis economy will look like, Richmond Fed President Thomas Barkin said on Yahoo Finance.
He said he needs a few months "to see where reality is" as the Fed walks a tightrope between reining in pandemic aid and cooling down inflation.
Pulling back support too quickly risks a slower recovery, but moving too late risks permanently higher inflation.
The multiverse is all the rage. Just ask Spider-Man and Dr. Strange from the Marvel...
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