Federal Reserve Bank of Richmond President Tom Barkin said elevated uncertainty has led businesses to freeze hiring and hold ...

The U.S. Federal Reserve at its May 6-7 meeting undercut expectations that it would change its policy interest rate anytime ...

The meeting took place May 6-7 when concern over the economic fallout from changes in global trade and tariff policy was ...

Here are some of the potential market catalysts due Thursday for traders to consider: 8:30 a.m. Eastern. U.S. weekly initial jobless claims. 8:30 a.m. U.S. GDP (first revision) for Q1. 8:30 a.m.

RICHMOND FED'S BARKIN Q&A/BBG: SOME FIRMS 'PULLING FORWAD' WITH PURCHASES AHEAD OF TARIFFS BUT OTHER 'PULLING BACK,' WAITING TO SEE ULTIMATE TARIFFRS; ENDS Q&A ...

Richmond Fed President Thomas Barkin highlighted persistent uncertainty in the US economy, pointing to muted business activity, fiscal drag, and inflation expectations weighing on sentiment.

A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused ...

Richmond Fed President and CEO Tom Barkin said affordable housing and workforce investment are driving population and ...

“I think planning 10 years ago was a lot more certain than planning is today,” Tom Barkin, president and CEO of the Federal Reserve Bank of Richmond, told me following the Economic Club of ...

Federal Reserve Bank of Richmond President Tom Barkin said fresh data show continued progress on lowering inflation toward the central bank’s 2% goal, but that interest rates should remain ...

For the Fed that could mean spillovers to the job market if firms try to limit price hikes by shedding workers. "It creates risks on the pricing side, which is pretty straightforward," Barkin said.

If you're waiting for the Federal Reserve to lower borrowing costs, don't hold your breath. Out of the multiple Federal Reserve officials who spoke Friday, none sounded in a big hurry to cut the ...