17-18 meeting. FED'S POWELL: ‘THE TIME HAS COME’ FOR INTEREST RATE CUTS Barkin said he was taking a "test-and-learn" approach to rate reductions, likely pointing to his support for an initial ...

Committee decided to lower the target range for the federal funds rate by 1/2 percentage point to 4-3/4 to 5 percent..

Protecting against downside risks to the job market is one reason reductions in the Fed's benchmark policy rate are now all but certain to begin at the central bank's Sept. 17-18 meeting.

The Federal Reserve this afternoon announced a cut in interest rates of one-half percentage point, higher than the previously ...

Tom Barkin, president and CEO of the Federal Reserve Bank of Richmond, discussed factors affecting West Virginia's economy ...

Another crummy labor-market report could tee up a larger, half-point rate cut, but decent hiring would keep the Fed on track ...

Reuters Graphics Richmond Fed President Thomas Barkin calls it a "low-hiring, low-firing mode." "That doesn't feel like something that's going to persist," he said in a Bloomberg podcast last ...

It isn't happening yet as firms remain reluctant to fire employees even as they've become more conservative in filling positions, Barkin said in comments to the Bloomberg "Odd Lots" podcast, which was ...