The U.S. central bank's benchmark policy rate should stay restrictive until it is more certain that inflation is returning to ...

The Richmond Fed president is upbeat despite uncertainty over what will happen as President-elect Donald Trump seeks to ...

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $78.2 ...

Federal Reserve Bank of Richmond President Tom Barkin said he believes the central bank’s current level of interest rates ...

Experts alerted Triangle business owners of what to expect in 2025, from Trump's tariffs to the local real estate scene.

Richmond Fed President Tom Barkin said Friday his outlook for the economy is positive, with continued growth and price-sensitive consumers helping lower inflation. But he quickly added that there is a ...

Federal Reserve (Fed) Bank of Richmond President Tom Barkin delivered prepared remarks to the Maryland Bankers Association in Maryland on Friday, outlining the Fed's case for when to cut rates ...

Federal Reserve Bank of Richmond president Tom Barkin said he believes the central bank’s current level of interest rates remains restrictive enough to lower inflation in 2025. Barkin voted in favour ...

but we don’t think we need to be nearly as restrictive as we once were to finish that job,” Barkin, who voted in favor of a 25-basis-point Fed rate cut at the December Federal Open Market ...

Barkin, who voted in favor of a quarter-point ... and inflation slightly higher than officials had predicted. The Fed’s preferred inflation gauge rose 2.4% for the year ending in November.

Barkin says further rate cuts tied to confidence in inflation drop Richmond Fed chief says it's hard to predict economic impact of Trump policies He says businesses are largely optimistic ...

Four officials preferred not to cut at all in December. Cleveland Fed President Beth Hammack dissented against the decision in favor of holding rates steady. (Updates with additional comments from ...