Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see progress on lowering inflation toward its 2% goal, but that interest rates should ...
The Fed lowered its benchmark interest rate at three consecutive meetings beginning in September, including by a quarter point at its most recent gathering in December. Barkin is among Fed ...
Barkin, who voted in favor of a quarter-point ... and inflation slightly higher than officials had predicted. The Fed’s preferred inflation gauge rose 2.4% for the year ending in November.
Federal Reserve officials said data released on Wednesday showed U.S. inflation was continuing to ease even as they noted ...
Figures from December show core inflation tamer than expected, but "there's still work to do" amid broader uncertainty.
The Fed lowered its benchmark interest rate at three consecutive meetings beginning in September, including by a quarter point at its most recent gathering in December. Barkin is among Fed officials, ...
Poland’s zloty traded near the strongest level against the euro since early 2020 on bets for further restrictive monetary policy at home and hopes for a less disruptive second ...
Barkin voted in favour of a quarter-point reduction in the benchmark lending rate on Dec. 18. He rotated out of a voting position on the Fed’s interest-rate panel this year. The Fed’s ...
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 ...
Richmond Federal Reserve President Thomas Barkin remarked on Wednesday that ... not seen anything in long rates that would influence Fed policy at this point Regarding incoming Trump ...
In the wake of Wednesday's official report on consumer prices, three officials who set the nation's monetary policy said they ...