Fed's Barkin: Even before oil shock, progress on inflation was stalling

Fed's Barkin highlights AI unease, oil shock risks in fog-filled outlook Fed's Barkin highlights AI unease, oil shock risks in fog-filled outlook Fed's Barkin highlights AI unease, oil shock risks in fog-filled outlook Fed's Barkin highlights AI unease, oil shock risks in fog-filled outlook Fed's Barkin highlights AI unease, oil shock risks in fog-filled outlook Fed's Barkin highlights… Richmond Fed President Tom Barkin is out with a speech that leans heavily on a fog metaphor he first used a year ago — and he's not ready to retire it. Barkin painted a picture of an economy that's still moving forward but where visibility has gotten worse, not better. He pointed to AI disruption, the Iran-related oil spike, and lingering policy uncertainty as forces that have deepened the haze around the outlook and For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.