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 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.
President Tom Barkin reflects on recent data and shares his view on where the U.S. economy is headed.
President Tom Barkin explores different ways to look at recent data, and then gives his own perspective.
Recent data have been remarkable. President Tom Barkin shares why he still sees reasons for caution.
The Odd Lots podcast hosts join Tom on a community conversation in North Carolina to see and hear firsthand how Tom uses on-the-ground conversations to shape his views on the economy and monetary policy.
Tom raises another area worth watching: potential enduring impacts of the pandemic on the U.S. economy.
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.
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.
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.
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.
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