Key Takeaways The Federal Reserve's policy-setting body began its two-day meeting Tuesday.The U.S. central bankers convene ...

Following a widely-held hold prediction, the FOMC dropped more hints on its inflation concerns while apparently maintaining ...

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 ...

The US central bank’s benchmark policy rate should stay restrictive until it is more certain that inflation is returning to its 2% target, Richmond Federal Reserve President Thomas Barkin says ...

Richmond's skyline is set to keep evolving over the next few years — a reflection of our population growth and being ...

"The process of disinflation remains in train," said Richmond Federal Reserve Bank President Thomas Barkin earlier this month. As for the labor market, employers surprisingly added 256,000 jobs in ...

After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...

Philadelphia and Richmond, Va. The Federal Reserve is the central bank of the U.S. that sets monetary policy and regulates the financial system to support a healthy economy for Americans and ...

Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.

Powell made clear that Fed policymakers are in no rush to reduce interest rates further, after lowering borrowing costs by a ...