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globalreutersJanuary 9, 20251 Mins read
Fed’s Barkin: Lack of fiscal space is a risk for future recessions
globalreutersJanuary 9, 20251 Mins read Federal Reserve (Fed) Bank of Richmond President Tom Barkin noted on Thursday that even though consumer debt ratios are in an overall better place than they were in years past, the Fed is facing some key difficulties looking forward to future downturns unless space on the central bank’s books opens up.
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