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

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

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

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 ...

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 ...

Though Barkin is not a voting member of the Fed's rate-setting committee this year, his comments reflect a developing debate inside the central bank about when to cut interest rates again and how ...

“Wage and product costs could see pressure,” Barkin said. “If they do, given recent experience with inflation, price-setters might have more courage to pass costs along.” Over the past year, US ...

Here are some of the potential market catalysts due Tuesday for traders to consider: 8:00 a.m. Eastern. Richmond Fed President Tom Barkin speaks on the economic outlook. 8:30 a.m. U.S. trade deficit ...