Fed's Barking does not comment on Fed policy or the economy. He says:
- If Congress did authorize a central-bank digital currency, the Fed would have to think hard about it's design
- Issues like bank intermediation risks would have to be accounted for in any central-bank digital currency
Barkin is now venturing into the economy and policy saying:
- Will not prejudge June meeting outcome
- Still looking to be convinced inflation is in a steady decline
Barkin is not a voting member on the FOMC this year. His comments are in line with Feds Daly and Bostic.
Fed's Kashkari was also non-committal but seemed a bit more hawkish in his tilt. Feds Bullard was more hawkish.