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Tom Barkin, President and Chief Executive Officer of the Federal Reserve Bank of Richmond, recently visited Nash and Edgecombe counties to listen and learn about workforce and housing opportunities in Eastern North Carolina.
Tom Barkin, President and Chief Executive Officer of the Federal Reserve Bank of Richmond, recently visited Nash and Edgecombe counties to listen and learn about workforce and housing opportunities in Eastern North Carolina.
 
The Federal Reserve hiked interest rates to the highest level in 22 years on Wednesday, despite easing inflationary pressures.
The Federal Reserve hiked interest rates to the highest level in 22 years on Wednesday, despite easing inflationary pressures.
 
Economists at the Federal Reserve predicted that a mild recession would hit the United States in the second half of 2023.
Economists at the Federal Reserve predicted that a mild recession would hit the United States in the second half of 2023.
 
PacWest stock plummeted as investors remain worried about the financial sector, a decline which occurred despite Federal Reserve officials assuring market actors hours earlier that the banking system is “sound and resilient.”
PacWest stock plummeted as investors remain worried about the financial sector, a decline which occurred despite Federal Reserve officials assuring market actors hours earlier that the banking system is “sound and resilient.”
 
Federal Reserve Bank of Cleveland President Loretta Mester said on Thursday that she expects policymakers will increase the target federal funds rate beyond 5.0% as inflationary pressures continue to impact the economy.
Federal Reserve Bank of Cleveland President Loretta Mester said on Thursday that she expects policymakers will increase the target federal funds rate beyond 5.0% as inflationary pressures continue to impact the economy.
 
Sen. Ted Cruz (R-TX) introduced a bill on Tuesday that would prevent the Federal Reserve and the Biden administration from establishing a central bank digital currency.
Sen. Ted Cruz (R-TX) introduced a bill on Tuesday that would prevent the Federal Reserve and the Biden administration from establishing a central bank digital currency.
 
Stocks slid after officials at the Federal Reserve announced a 0.25% increase in the target federal funds rate on Wednesday, continuing a slowdown from previous rate hikes meant to combat inflation and marking caution from policymakers given recent tumult in the banking sector.
Stocks slid after officials at the Federal Reserve announced a 0.25% increase in the target federal funds rate on Wednesday, continuing a slowdown from previous rate hikes meant to combat inflation and marking caution from policymakers given recent tumult in the banking sector.
 
Massachusetts Democratic Senator Elizabeth Warren called for a new Federal Reserve Chairman on Sunday as she lashed out at Jerome Powell’s job performance.
Massachusetts Democratic Senator Elizabeth Warren called for a new Federal Reserve Chairman on Sunday as she lashed out at Jerome Powell’s job performance.
 
The Federal Reserve has aggressively raised target interest rates over the past year to tamp down on rising prices. Even so, inflation persists at worrisome rates. According to today’s release from the Bureau of Labor Statistics, the Consumer Price Index (CPI) rose 0.4% in February after rising 0.5%
The Federal Reserve has aggressively raised target interest rates over the past year to tamp down on rising prices. Even so, inflation persists at worrisome rates. According to today’s release from the Bureau of Labor Statistics, the Consumer Price Index (CPI) rose 0.4% in February after rising 0.5%
 
Federal Reserve Chair Jerome Powell warned lawmakers on Tuesday that the central bank would continue to increase the target federal funds rate as inflationary pressures remain elevated.
Federal Reserve Chair Jerome Powell warned lawmakers on Tuesday that the central bank would continue to increase the target federal funds rate as inflationary pressures remain elevated.
 
Elon Musk balked at remarks from the Biden administration that diversity would play an important role in the appointment of the next vice chair of the Federal Reserve.
Elon Musk balked at remarks from the Biden administration that diversity would play an important role in the appointment of the next vice chair of the Federal Reserve.
 
Officials at the Federal Reserve announced a 0.25% increase in the target federal funds rate, marking a slowdown from previous 0.75% and 0.5% rate hikes meant to combat inflation.
Officials at the Federal Reserve announced a 0.25% increase in the target federal funds rate, marking a slowdown from previous 0.75% and 0.5% rate hikes meant to combat inflation.
 
European Central Bank Executive Board Member Isabel Schnabel contended that monetary policy should be used to accelerate the “green transition” as Federal Reserve Chair Jerome Powell asserted the opposite.
European Central Bank Executive Board Member Isabel Schnabel contended that monetary policy should be used to accelerate the “green transition” as Federal Reserve Chair Jerome Powell asserted the opposite.
 
Federal Reserve Chair Jerome Powell said that the central bank will refrain from advancing social policy, especially with respect to climate change.
Federal Reserve Chair Jerome Powell said that the central bank will refrain from advancing social policy, especially with respect to climate change.
 
Regulators advised banks and other financial institutions to avoid cryptocurrencies, a warning that comes after the implosion of digital asset company FTX and deliberations over a possible central bank digital currency in the United States.
Regulators advised banks and other financial institutions to avoid cryptocurrencies, a warning that comes after the implosion of digital asset company FTX and deliberations over a possible central bank digital currency in the United States.
 
Sen. Elizabeth Warren (D-MA) and Sen. Tina Smith (D-NM) asked the Federal Reserve to examine the banking system’s exposure to cryptocurrencies amid continued fallout from defunct company FTX.
Sen. Elizabeth Warren (D-MA) and Sen. Tina Smith (D-NM) asked the Federal Reserve to examine the banking system’s exposure to cryptocurrencies amid continued fallout from defunct company FTX.
 
Federal Reserve Chair Jerome Powell remarked during a Wednesday speech that central bankers will likely slow their implementation of contractionary monetary policy this month.
Federal Reserve Chair Jerome Powell remarked during a Wednesday speech that central bankers will likely slow their implementation of contractionary monetary policy this month.
 
Speaking at the 59th Annual Economic Forecast Luncheon in Phoenix, Arizona, Federal Reserve Governor Christopher Waller implied that employers should slow down any wage increases they hand out so that the American economy can temper inflation.
Speaking at the 59th Annual Economic Forecast Luncheon in Phoenix, Arizona, Federal Reserve Governor Christopher Waller implied that employers should slow down any wage increases they hand out so that the American economy can temper inflation.
 
The Federal Reserve Bank of New York began a simulated digital currency initiative on Tuesday alongside multiple major banks as the cryptocurrency sector descends into chaos.
The Federal Reserve Bank of New York began a simulated digital currency initiative on Tuesday alongside multiple major banks as the cryptocurrency sector descends into chaos.
 
The Bureau of Labor Statistics is expected to release Consumer Price Index data Thursday morning that will indicate whether rate hikes from the Federal Reserve have had a meaningful impact on inflation.
The Bureau of Labor Statistics is expected to release Consumer Price Index data Thursday morning that will indicate whether rate hikes from the Federal Reserve have had a meaningful impact on inflation.
 
The Federal Reserve controls the economy, prints trillions of dollars so they can make you poorer without taxing you, and raises interest rates on things because of reasons. Sound like something you'd be interested in?
The Federal Reserve controls the economy, prints trillions of dollars so they can make you poorer without taxing you, and raises interest rates on things because of reasons. Sound like something you'd be interested in?
 
Atlanta Federal Reserve Bank President and CEO Raphael Bostic said Sunday that the country needs economic pain now to avoid even more pain later.
Atlanta Federal Reserve Bank President and CEO Raphael Bostic said Sunday that the country needs economic pain now to avoid even more pain later.
 
Independent Vermont Sen. Bernie Sanders said the Federal Reserve is not helping Americans deal with crushing inflation.
Independent Vermont Sen. Bernie Sanders said the Federal Reserve is not helping Americans deal with crushing inflation.
 
Federal Reserve Vice Chair Lael Brainard said on Monday that the central bank increasing federal funds rate targets will have dramatic effects on economic activity.
Federal Reserve Vice Chair Lael Brainard said on Monday that the central bank increasing federal funds rate targets will have dramatic effects on economic activity.
 
The Federal Reserve Board of Governors announced that six of the nation’s largest banks will take part in a process to examine economic risks posed by climate change.
The Federal Reserve Board of Governors announced that six of the nation’s largest banks will take part in a process to examine economic risks posed by climate change.
 
Have you ever seen former New England Patriots star Julian Edelman’s unbelievable catch as part of the team’s 25-point comeback in Super Bowl 51? It undoubtedly took “great skill” and “good luck” — thanks, in large part, to his years of practice and determination.
Have you ever seen former New England Patriots star Julian Edelman’s unbelievable catch as part of the team’s 25-point comeback in Super Bowl 51? It undoubtedly took “great skill” and “good luck” — thanks, in large part, to his years of practice and determination.
 
Almost identical to that of the CCP's social credit score system
Almost identical to that of the CCP's social credit score system
 
The Federal Reserve raised the federal funds rate 0.75% on Wednesday afternoon, sending the Dow Jones falling more than 500 points.
The Federal Reserve raised the federal funds rate 0.75% on Wednesday afternoon, sending the Dow Jones falling more than 500 points.
 
Asset management company BlackRock contends that the Federal Reserve is not effectively maintaining a balance between reducing inflation and avoiding a downturn amid widespread pressure to control higher prices.
Asset management company BlackRock contends that the Federal Reserve is not effectively maintaining a balance between reducing inflation and avoiding a downturn amid widespread pressure to control higher prices.
 
The Federal Reserve announced on Monday the launch of an instant payment service in the summer of 2023.
The Federal Reserve announced on Monday the launch of an instant payment service in the summer of 2023.
 
Federal Reserve Chair Jerome Powell vowed on Friday that the central bank remains committed to returning the economy to a stable rate of inflation.
Federal Reserve Chair Jerome Powell vowed on Friday that the central bank remains committed to returning the economy to a stable rate of inflation.
 
The Chinese government carried out a decade-long information theft campaign against the Federal Reserve, a report released Tuesday from Republican members of the Senate Committee on Homeland Security and Governmental Affairs revealed.
The Chinese government carried out a decade-long information theft campaign against the Federal Reserve, a report released Tuesday from Republican members of the Senate Committee on Homeland Security and Governmental Affairs revealed.
 
Federal Reserve Chair Jerome Powell responded to a report from Senate Republicans claiming that the central bank failed to combat a Chinese government information theft campaign by calling it “unfair, unsubstantiated, and unverified.”
Federal Reserve Chair Jerome Powell responded to a report from Senate Republicans claiming that the central bank failed to combat a Chinese government information theft campaign by calling it “unfair, unsubstantiated, and unverified.”
 
Federal Reserve Governor Christopher Waller said on Thursday that he would support an interest rate hike of 0.75% or higher in reaction to high inflation.
Federal Reserve Governor Christopher Waller said on Thursday that he would support an interest rate hike of 0.75% or higher in reaction to high inflation.
 
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