02:07 PM EST, 01/03/2025 (MT Newswires) -- Richmond Fed President Tom Barkin (nonvoter) said Friday that his baseline economic outlook is positive for 2025, with risks tilted toward the upside for growth and inflation with an expectation of more hiring than firing in the labor market. Recent comments of note: (Dec. 20) San Francisco Fed President Mary Daly (nonvoter) said...

01:18 PM EST, 01/03/2025 (MT Newswires) -- Richmond Fed President Tom Barkin said Friday that his 2025 baseline expectation for the US economy is positive amid strong consumer spending, though there are risks on the inflation front. Last month, the central bank's Federal Open Market Committee reduced its benchmark lending rate by 25 basis points and flagged fewer cuts ahead...

BALTIMORE (Reuters) - The outlook for the U.S. economy in 2025 is positive with more upside than downside risk to growth despite uncertainty about the impact of trade and other policies that may be pursued by the incoming Trump administration, Richmond Fed President Thomas Barkin said on Friday. How economic policy uncertainty resolves will matter. But, with what we know...

11:27 AM EST, 01/03/2025 (MT Newswires) -- The outlook for the US economy is tilted toward the upside for 2025, Richmond Federal Reserve President Tom Barkin said Friday at the First Friday Economic Outlook Forum. With business optimism so high and labor supply unlikely to continue to grow so robustly, it feels like the current labor market equilibrium is more...