Fed's Barkin says policymakers are monitoring impact of last rate cut

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Fed's Barkin says policymakers are monitoring impact of last rate cut
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The U.S. Federal Reserve is monitoring the impact of its move last month to cut ...

FILE PHOTO: Federal Reserve Bank of Richmond President Thomas Barkin poses during a break at a Dallas Fed conference on technology in Dallas, Texas, U.S., May 23, 2019. REUTERS/Ann Saphir

“The national economy appears great,” Richmond Federal Reserve President Thomas Barkin said in prepared remarks. Barkin did not say whether he supported further reductions in interest rates, which is a request U.S. President Donald Trump is regularly making of the independent central bank.

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