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Guest Opinion: Why Were the Forecasts Off?

Guest Opinion: Why Were the Forecasts Off?

by Tom Barkin | Aug 14, 2024 | Guest Opinion, News/Current Events, Real Estate News, WRE News Exclusive

Tom Barkin is president of the Federal Reserve Bank of Richmond. This article is adapted from a recent speech delivered during theGlobal Interdependence Center’s Central Banking Series at Banque de France in Paris. By the first quarter of 2022, the Fed’s...
Guest Opinion: How You Might Look at Recent Data

Guest Opinion: How You Might Look at Recent Data

by Tom Barkin | Apr 23, 2024 | Guest Opinion, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Tom Barkin is president of the Federal Reserve Bank of Richmond. This article is adapted and edited from a recent speech delivered before Virginia’s Home Building Association of Richmond. Contrary to most forecasts, including my own, the economy finished 2023 strong....
Guest Opinion: The Richmond Fed and the Housing Challenge

Guest Opinion: The Richmond Fed and the Housing Challenge

by Tom Barkin | Nov 22, 2023 | Guest Opinion, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

At the Richmond Fed, we serve Virginia but also the District of Columbia, Maryland, West Virginia and the Carolinas. We are constantly on the ground working to better understand the economy. Just last year we had over 1,700 community engagements. These meetings take...

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