AUGUST, 2022: Fed committed to getting inflation to 2% target, Barkin says. “The Federal Reserve is committed to getting inflation under control and returning it to the U.S. central bank’s 2% target, Richmond Fed President Thomas Barkin said on Wednesday, the latest in a litany of policymakers voicing determination to rein in price increases running at the highest pace in four decades.”

June, 2021: Fed’s Barkin says the current rise in inflation is clearly due to temporary factors.