https://www.live-feeds.com/feed/barkin-sees-interest-rate-hikes-ahead-but-at-a-gradual-paceContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/barkin-sees-interest-rate-hikes-ahead-but-at-a-gradual-pacehttps://www.live-feeds.com/feed/barkin-sees-interest-rate-hikes-ahead-but-at-a-gradual-pace#u189322Mon, 09 Nov 2026 23:25:17 +0000Federal Reserve Bank of Richmond President Tom Barkin indicates interest rates will rise further to combat inflation, but at a gradual pace. This view is shared by other Fed officials, including Daly and Hammack. The Fed is expected to stick to its December rate hike plans, with multiple rate increases likely needed to tame prices.Why it mattersThe Federal Reserve's interest rate decisions impact the US economy, influencing inflation, employment, and growth. With inflation remaining high, the Fed is under pressure to act. A gradual rate hike approach is intended to balance inflation contr