Federal Reserve Bank of Richmond
Coverage of Federal Reserve Bank of Richmond in the Nexus archive.
- Job-finding rates have fallen the most for America's most reliably-employed workers
The job-finding rates for 'primary workers,' who are almost always employed, have seen the biggest drop—13 percentage points from a November 2022 high to a September 2025 low. This drop is occurring even while US job losses indicate ongoing labor challenges and AI exposure has dramatically worsened outcomes for certain roles. The analysis by the Federal Reserve Bank of Richmond shows that less secure secondary workers, conversely, have not seen such a massive decline.
- Fed’s Barkin warns of high inflation, but sees signs of relief
Federal Reserve Bank of Richmond President Tom Barkin warned that inflation remains high but noted tentative signs of moderation. He cited factors like the Iran-related oil price surge and AI infrastructure costs as contributors, while acknowledging falling gasoline prices and potential policy adjustments. Barkin emphasized the need for continued monitoring to address persistent inflationary pressures.
- Fed’s Barkin Says Repeated Supply Shocks Test Inflation Anchor
Federal Reserve Bank of Richmond President Thomas Barkin discusses how repeated supply shocks are challenging the Fed's inflation anchor. The commentary suggests ongoing concerns about maintaining price stability amid external economic pressures.