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

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 ...

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

Market Domination Overtime anchors Julie Hyman and Josh Lipton highlight key events for the remainder of the week. Stock ...

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.

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

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 ...

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 ...

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 ...

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 ...