(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 ...
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 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 ...
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. “There is no ...
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 ...
The December CPI report "continues the story we have been on, which is that inflation is coming down towards target," Richmond Fed President Thomas Barkin told reporters at a Maryland Chamber of ...
Barkin is a 2024 member of the Fed’s policy-making Federal Open Market Committee. The committee membership will change to its 2025 composition at its first regularly scheduled meeting of the year, ...
Federal Reserve (Fed) Bank of Richmond President Tom Barkin noted on Thursday that even though consumer debt ratios are in an overall better place than they were in years past, the Fed is facing ...
In the wake of Wednesday's official report on consumer prices, three officials who set the nation's monetary policy said they ...
The Federal Reserve is widely expected leave its benchmark interest rate steady this week, but economists and market participants will be keeping a close eye on what Fed officials say about the state ...
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 ...
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 ...