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Barkin: Inflation high, but Fed has tools to contain it
Tom Barkin agrees — inflation is too high. But he also says the Fed has the authority to get it back on the right track. That’s what the president and CEO of the Federal Reserve Bank of Richmond told the Richmond chapter of the Risk Management Association on Tuesday at Triple Crossing Beer, a brewery […]
Rising interest rates not enough to deter homebuyers
Even the Federal Reserve hiking interest rates likely won’t be enough to cool down the hot real estate market in Virginia, experts say. In an attempt to slow the highest inflation rates in 40 years, Fed officials voted on March 16 to raise the benchmark federal funds rate by a quarter percentage point to a […]
