Fed’s Barkin: ‘Slow progress’ on inflation, sees more hikes 

The seal of the Board of Governors of the United States Federal Reserve System is displayed in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington.Richmond Federal Reserve President Thomas Barkin Friday downplayed recent signs that the economy is strengthening, but also said he is prepared to keep raising interest rates in smaller increments as often as needed to quell inflation. / ASSOCIATED PRESS FILE PHOTO / ANDREW HARNIK
WASHINGTON (AP) – A top Federal Reserve official downplayed recent signs that the economy is strengthening, but also said he is prepared to keep raising interest rates in smaller increments as often as needed to quell inflation.  Richmond Federal Reserve President Thomas Barkin said Friday that recent data showing an unusually robust job gain and…

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