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.
Federal Reserve officials said data released on Wednesday showed U.S. inflation was continuing to ease even as they noted ...
Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...
U.S. inflation data for December indicates price pressures are continuing to ease, Richmond Federal Reserve President Thomas ...
The economic forecast for 2025 is sunny, with a high chance of business optimism, according to Federal Reserve Bank of Richmond President and CEO Tom Barkin, who spoke Thursday during the virtual 2025 ...
Speaking in California on Thursday, Fed governor Michelle Bowman said she had backed another rate cut but could have been persuaded against it. "I supported the December policy action because ...
Barkin, who does not vote on Fed interest-rate decisions this year, made the comments on yields while answering questions after delivering remarks similar to a speech he gave at a separate event on ...
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 ...
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 ...
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 question ...