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Barkin: Navigating Supply Shocks
Thank you for that kind introduction, and for inviting me to join you today. I'd like to share my perspectives on the U.S. economy — where we are now, and whether we are sailing toward calmer seas or into more turbulent waters. These are my thoughts alone and not those of anyone else on the Federal Open Market Committee or in the Federal Reserve System. Over the last several years, the U.S. economy has faced wave after wave of supply shocks. Every time one wave recedes, we’re hit with another: the COVID-19 pandemic, the Russian invasion of Ukraine, the collapse of Silicon Valley Bank, the tariff tumult, and most ... (full story)
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