The only reason for the Federal Reserve to hike rates would be if the economy was overheating and there are no signs of that in the data, Richmond Fed President Tom Barkin said Wednesday.
The U.S. Federal Reserve is still leaning towards further rate cuts this year although uncertainty about the impact of new tariff, immigration, regulatory and other Trump administration initiatives ...
In an interview with Bloomberg on Wednesday, Richmond Federal Reserve President Thomas Barkin said that he still thinks the policy rate is modestly restrictive, per Reuters. "Looking forward, it is ...
You might think of the Federal Reserve as a bank to banks. It holds bank deposits, lends money to financial institutions, and facilitates the process for banks to borrow funds from each other.
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 ...
President Trump had a message last week for the Federal Reserve while at the annual World Economic Forum gathering in Davos, Switzerland: He plans to "demand that interest rates drop immediately." ...
Truist Advisory Services' chief market strategist Keith Lerner says the "carousel of tariffs" and DeepSeek-related headlines have upended markets, but things could get much rockier as he urges clients ...
Truist Advisory Services' chief market strategist Keith Lerner says the "carousel of tariffs" and DeepSeek-related headlines have upended markets, but things could get much rockier as he urges clients ...