Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...
The recent rise in long-term interest rates reflects higher risk premiums as opposed to concerns about inflation, Federal Reserve Bank of Richmond President Thomas Barkin said.
Federal Reserve Bank of Richmond President Thomas Barkin hailed the U.S. economy’s strength, forecasting more growth to come in 2025. “I think it’s fair to say: No one predicted this, and that ...
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 there are still upside risks to inflation and growth, underscoring his preference to keep interest rates restrictive for longer. While ...
Richmond Federal Reserve President Thomas Barkin remarked on Wednesday that ... not seen anything in long rates that would influence Fed policy at this point Regarding incoming Trump ...
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 ...
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 ...
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
Figures from December show core inflation tamer than expected, but "there's still work to do" amid broader uncertainty.
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.
The Fed lowered its benchmark interest rate at three consecutive meetings beginning in September, including by a quarter point at its most recent gathering in December. Barkin is among Fed ...