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 ...
Tom Barkin, president and CEO of the Federal Reserve Bank of Richmond, will serve as the featured speaker at the chamber's ...
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 ...
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.
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.
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 ...
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 ...
August Richmond Manufacturing Index: 4 vs. 6 consensus and 5 in July, according to data released by the Federal Reserve Bank of Richmond on Tuesday. Of its component indexes, shipments rose to 11 from ...