Inflation concerns are broadening across the Federal Reserve after two regional Fed presidents backed last week’s interest-rate increase and emphasized that price pressures remain a greater risk to the economy than weakening employment. Richmond Federal Reserve...
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....
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...
Greystone Provides $167 Million for 257-Unit Miami Affordable Housing Devel…
