A post by @DeItaone on X.

Richmond Fed President Thomas Barkin said inflation is the Federal Reserve's most important risk, adding that he does not expect price growth to either accelerate or decline from current levels. Barkin characterized monetary policy as roughly neutral and said a gradual approach to any further adjustments makes sense, with the policy path already clear and only the pace of moves in question. The remarks signal a Fed inclined to hold steady or move slowly rather than react sharply to incoming data. Investors will watch upcoming inflation prints and Fed communications for confirmation that the gradual stance holds.