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 Barkin

Tom Barkin is the president and CEO of the Federal Reserve Bank of Richmond. He has held this position since 2018.
Tom serves on the Fed’s chief monetary policy body, the Federal Open Market Committee, and is also responsible for 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.
Explore Tom’s Visits #AroundOurDistrict
Tom is passionate about engaging firsthand with business, civic and community leaders in the regions served by the Richmond Fed, to gain insight into how they are faring. Click on the shaded areas of this interactive map to learn more about his travels, 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.
Accessible version of map data
Recent Essays & Speeches
President Tom Barkin shares how communities in the Fifth District are working to move the needle on housing.
Hampton Roads Convention Center
Hampton, Virginia
President Tom Barkin explores potential paths for the U.S. economy and their implications for monetary policy.
Virtual
President Tom Barkin discusses what he is hearing on the ground from Fifth District contacts, and how it compares to recent data.
Waldorf Astoria Hotel
Washington, Washington, D.C.
Tom’s Perspective
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.
Tom and NABE Vice President Ellen Zentner have a conversation about inflation, his thoughts ahead of the next FOMC meeting, hybrid work, and more.
Tom speaks with Gavin Jackson of SCETV to give an update on the economy and what to expect moving forward.
Tom speaks with Chris William of "Carolina Business Review."
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