Tom Barkin, President and CEO of the Federal Reserve Bank of Richmond, spoke with Economic Club Board member Barbara Humpton, President and CEO, Siemens USA on the state of the economy.
Barkin discussed the impact of tariffs on the 2025 economic outlook, current labor trends, and speculated on the current market volatility's impact on unemployment and inflation. During these uncertain times, he especially emphasized the role businesses play in providing input into their analysis, as well as his direct involvement in gathering feedback from local businesses in his region to understand economic trends and challenges they face.
