The Richmond Federal Reserve has provided insights into the economic outlook for 2025 during a recent forum at the Hilton Baltimore BWI Hotel in Linthicum Heights, Maryland.
In November, President Tom Barkin and Regional Executive Matt Martin of the Federal Reserve Bank met with community and business leaders in North Carolina's Randolph and Chatham counties.
Economic activity in the Fifth District of the United States has seen modest growth, according to a recent report by the Federal Reserve. Consumer spending increased slightly, with a rise in business travel offsetting a decline in leisure travel. Residential real estate activity experienced a minor slowdown, while commercial real estate remained stable.
The Federal Reserve Bank of Richmond recently highlighted the significant role community colleges play in workforce development. During a speech at the 2024 Virginia Education and Workforce Conference, Tom Barkin, President of the Federal Reserve Bank of Richmond, emphasized the importance of these institutions in addressing labor market imbalances.
The Federal Reserve Bank of Richmond has announced that its president, Tom Barkin, will be addressing the Virginia Education and Workforce Conference. The event is scheduled for October 23, 2024, at the Greater Richmond Convention Center in Richmond, Virginia.
The Federal Reserve has released the minutes from the Federal Open Market Committee (FOMC) meeting held on September 17-18, 2024. These minutes are typically published three weeks following the policy decision date. They provide a detailed account of the economic and financial conditions considered by the Committee during their discussions.
The Federal Reserve Bank of Richmond President, Tom Barkin, addressed the current economic situation at the 2024 UNCW Economic Outlook Conference in Wilmington, N.C. During his speech, he discussed recent decisions by the Federal Open Market Committee (FOMC) and their implications for inflation and economic growth.
In August, President Tom Barkin, Regional Executive Renee Haltom, and Regional Community Development Manager Jarrod Elwell met with local community and business leaders in Farmville, Virginia. The meeting aimed to understand the economic strengths and opportunities of the region as part of the Bank’s Community Conversations program.