Tom Barkin, president and CEO of the Federal Reserve Bank of Richmond, will serve as the featured speaker at the chamber's ...
The Richmond Manufacturing Index slid to 4 in June vs. 8 consensus and 13 in May, according to data released by the Federal Reserve Bank of Richmond on Tuesday. All three of its component indexes ...
The composite manufacturing index rose ten points to 0, marking the first nonnegative reading in over a year. All three of its component indexes rose in March. Shipments increased to −2 from −13, new ...
Three Federal Reserve officials on Thursday echoed a common refrain: Inflation is too high, and more interest rate hikes may be needed to bring it down.
CNBC's Steve Liesman reports the latest news out of the Federal Reserve. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox ...
By Howard Schneider BALTIMORE, Sept 22 (Reuters) - US economic conditions "are, if anything, firming," with continued consumer spending and strength beyond the boom in artificial intelligence keeping ...
Richmond Federal Reserve president Tom Barkin said Tuesday that stubborn inflation, recently fueled by higher oil prices and tariffs, drove the central bank's decision to raise interest rates last ...
The Federal Reserve raised interest rates, and markets now price in up to two more hikes by year's end as inflation remains above the 2% target.
Tom Barkin, Susan Collins and Jeffrey Schmid backed September’s rate increase and said inflation remains a concern as the ...
Federal Reserve Bank of Richmond President Thomas Barkin said Tuesday that inflation could decline “in short order,” but he acknowledged prices could remain elevated amid the Iran war. “I’m open to ...
Jeffrey Lacker, Former Richmond Fed president, joins 'Squawk on the Street' to discuss the August jobs report and what it means for the upcoming Fed meeting. Got a confidential news tip? We want to ...