Press Room

The Federal Open Market Committee today voted unanimously to keep the target range for the federal funds rate at its current level of 0 to .25 percent. Richmond Fed President Jeffrey M. Lacker is a voting member this year.

The Federal Reserve System today released “Strategies for Improving the U.S. Payment System,” which presents a multifaceted plan for collaborating with payment system stakeholders, including large and small businesses, emerging payments firms, card networks, payment processors, consumers and financial institutions to enhance the speed, safety and efficiency of the U.S. payment system.

The "Beige Book" report is published eight times per year and consists of anecdotal information on current economic conditions from each Federal Reserve.

The Board of Governors of the Federal Reserve System has appointed the chair and deputy chair of the Board of Directors of the Federal Reserve Bank of Richmond for 2015.

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the minutes of the Committee meeting held on December 16-17, 2014. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the meeting is also included as an addendum to these minutes.

The Federal Reserve Bank of Richmond’s January Economic Brief discusses how the Federal Reserve uses regional economic information.

The boards of directors of the Federal Reserve Bank of Richmond’s Baltimore and Charlotte branches have elected chairs to serve one-year terms beginning Jan. 1, 2015.

The Federal Reserve Bank of Richmond announces the appointments of Kathy Houghtaling and Jason Schemmel.

The Federal Open Market Committee reaffirmed its view that the current 0 to 0.25 percent target range for the federal funds rate remains appropriate.

The Federal Reserve Bank of Richmond announces the promotion of Hattie Barley to vice president.