March 5, 2024
Tom raises another area worth watching: potential enduring impacts of the pandemic on the U.S. economy.
Tom Barkin
Tom Barkin is the president and CEO of the Federal Reserve Bank of Richmond. He has held this position since 2018.
Tom serves as a voting member on the Fed’s chief monetary policy body, the Federal Open Market Committee, and is also responsible for the Richmond Fed’s bank supervision and the Federal Reserve’s technology organization. He is “on the ground” continually in the Fed’s Fifth District, which covers South Carolina, North Carolina, Virginia, D.C., West Virginia and Maryland. His engagement in the region has brought real attention to areas facing economic challenges.
Prior to joining the Richmond Fed, Tom was a senior partner and CFO at McKinsey & Company, a worldwide management consulting firm, where he also oversaw McKinsey’s offices in the southern United States.
Tom earned his bachelor’s, MBA and law degrees from Harvard University.
Tom’s Public Engagement #AroundOurDistrict
Tom is passionate about engaging firsthand with business, civic and community leaders in the regions served by the Richmond Fed. These meetings provide insight into how the Fifth District economy is faring, informing Tom’s monetary policy perspective. Click on the shaded areas of this interactive map to learn more about his public engagement, and follow the hashtag #AroundOurDistrict on social media for up-to-date news on his visits and on the Bank's work in our communities. For a running schedule of Tom’s public engagements download the data file below.
Recent Essays & Speeches
April 4, 2024
President Tom Barkin explores different ways to look at recent data, and then gives his own perspective.
Home Building Association of Richmond
Williams Mullen
Richmond, Virginia
Williams Mullen
Richmond, Virginia
Feb. 8, 2024
Recent data have been remarkable. President Tom Barkin shares why he still sees reasons for caution.
The Economic Club of New York
The University Club
New York, New York
The University Club
New York, New York
Jan. 3, 2024
President Tom Barkin reflects on 2023 and shares his outlook for the year ahead.
Raleigh Chamber of Commerce: Launch 2024
Martin Marietta Center for the Performing Arts
Raleigh, North Carolina
Martin Marietta Center for the Performing Arts
Raleigh, North Carolina
Tom’s Perspective
Jan. 8, 2024
In our new Worth Watching series, Tom shares what he is keeping an eye on. In this recording, Tom delves into one area worth watching: the impact of high interest rates on the economy.
Nov. 29, 2023
Tom and CNBC’s Steve Liesman discuss the disconnect between data releases and what Tom is hearing on-the-ground across the Fifth District, what he’s anticipating for 2024, and the potential path for inflation.
Oct. 2, 2023
Tom joins Odd Lots to discuss the impact of a higher interest rate environment, the current housing market, Taylor Swift’s influence on the economy, and more.
Sept. 28, 2023
Tom meets with Michael McKee to discuss how he uses a combination of upcoming data releases and on-the-ground conversations to inform his views on monetary policy.
May 30, 2023
Tom and NABE Vice President Ellen Zentner have a conversation about inflation, his thoughts ahead of the next FOMC meeting, hybrid work, and more.
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