Two of Fed’s Newest Faces to Join Rate-Setting Panel in 2018

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Two of the newest Federal Reserve officials will step into the spotlight in 2018 when they assume voting seats for the first time on the central bank’s interest-rate-setting committee, weighing how to keep a buoyant economy on an even keel in the new year.

One of them, McKinsey Co. executive Thomas Barkin, starts his new job as Richmond Fed president Jan. 1. The other, former Obama administration housing official Raphael Bostic, became Atlanta Fed president in June.

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