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

The U.S. central bank's benchmark policy rate should stay restrictive until it is more certain that inflation is returning to its 2% target, Richmond Federal Reserve President Thomas Barkin said on ...

Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...

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

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

ANNAPOLIS, Maryland (Reuters) - U.S. inflation data for December indicates price pressures are continuing to ease, Richmond ...

The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...

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

In the wake of Wednesday's official report on consumer prices, three officials who set the nation's monetary policy said they ...

While Barkin said he believes the central bank’s current level of rates is restraining the economy enough to continue lowering inflation in 2025, he remains wary of potential price pressures ...

Figures from December show core inflation tamer than expected, but "there's still work to do" amid broader uncertainty.

(Bloomberg) -- Federal Reserve Bank of Richmond President Tom Barkin said fresh data show continued progress on lowering inflation toward the central bank’s 2% goal, but that interest rates ...