The U.S. central bank's benchmark policy rate should stay restrictive until it is more certain that inflation is returning to its 2% target, Richmond Federal Reserve President Thomas Barkin said on ...

Federal Reserve officials said data released on Wednesday showed U.S. inflation was continuing to ease even as they noted ...

Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...

The recent rise in long-term interest rates reflects higher risk premiums as opposed to concerns about inflation, Federal ...

U.S. inflation data for December indicates price pressures are continuing to ease, Richmond Federal Reserve President Thomas ...

The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...

While Barkin said he believes the central bank’s current level of rates is restraining the economy enough to continue lowering inflation in 2025, he remains wary of potential price pressures ...

In the wake of Wednesday's official report on consumer prices, three officials who set the nation's monetary policy said they ...

Figures from December show core inflation tamer than expected, but "there's still work to do" amid broader uncertainty.

The December CPI report "continues the story we have been on, which is that inflation is coming down towards target," Richmond Fed President Thomas Barkin told reporters at a Maryland Chamber 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 ...