The U.S. central bank's benchmark policy rate should stay restrictive until it is more certain that inflation is returning to ...

The Richmond Fed president is upbeat despite uncertainty over what will happen as President-elect Donald Trump seeks to ...

Federal Reserve Bank of Richmond President Tom Barkin said he believes the central bank’s current level of interest rates ...

The outlook for the U.S. economy in 2025 is positive with more upside than downside risk to growth despite uncertainty about ...

Experts alerted Triangle business owners of what to expect in 2025, from Trump's tariffs to the local real estate scene.

One of the Federal Reserve's decision-makers says that the risk of an inflationary wave in 2025 is higher than most investors ...

RALEIGH, N.C. (WNCN) – Cautious optimism was the message at the Raleigh Chamber of Commerce’s 2025 Economic Forecast. Tom Barkin, president and CEO of the Federal Reserve Bank of Richmond, spoke ...

Fuzzy Friends Rescue wants to invite you to its prestigious New Year’s Eve tradition. For 17 consecutive years, the Barkin’ ...

The Census Bureau will release construction spending data for November on Thursday. The report covers activity in the housing ...

While Barkin said he believes the central bank’s current level of rates is restraining the economy enough to continue lowering inflation in 2025, he remains wary of potential price pressures ...

"I think there is more upside risk than downside risk" to inflation, given the economy's continued strength and the possibility of renewed wage and other price pressures, Barkin told the Maryland ...