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Virginia's Gateway Region

Feb 24, 2022

Fed still likely to raise rates, despite Russia-Ukraine conflict

Federal Reserve Bank of Richmond President and CEO Thomas Barkin said Thursday that he hopes to bring interest rates up to pre-pandemic levels “relatively quickly,” while noting that it’s hard to predict the future effect of the geopolitical conflict between Russia and Ukraine on the nation’s economy. Speaking at a luncheon in Colonial Heights hosted […]

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