The recent rise in long-term interest rates reflects higher risk premiums as opposed to concerns about inflation, Federal ...

Federal Reserve Bank of Richmond President Thomas Barkin hailed the U.S. economy’s strength, forecasting more growth to come ...

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

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

Listen to this article The economic forecast for 2025 is sunny, and business optimism is high, according to Federal Reserve Bank of Richmond President and CEO Tom Barkin, who spoke Thursday during the ...

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

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

The outlook for the U.S. economy in 2025 is positive with more upside than downside risk to growth despite uncertainty about ...

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.

Officials want to lower inflation even more without appreciably hurting the labor market, Barkin added. After rotating off the Fed's voting panel in 2025, Barkin observed that the U.S. economy ...

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 ...