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