Episode
Richmond Fed’s Tom Barkin on the Surprisingly Resilient Real Economy
Odd Lots · Aug 31, 2026 · 31 min
The implications of Fed Chair Kevin Warsh's Jackson Hole speech are pretty clear: Traders expect a rate hike given the hawkish hints littered in his address, largely focused on inflation. There are still a number of open questions and Warsh's lack of forward guidance does not exactly lend clarity to how the Fed will act in the coming months. Today, we recap the speech — in a conversation…