Press Room

Press Releases

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Date Title
December 17, 2014 Federal Open Market Committee Action

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.

December 9, 2014 Richmond Fed Announces Officer Appointment

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

December 3, 2014 Beige Book Shows Moderately Stronger Fifth District Economy

The Fifth District economy strengthened moderately since the previous report. Manufacturing activity increased at a slightly slower pace, as shipments and new orders grew modestly.

December 3, 2014 Understanding Market Failure in the 2007-08 Crisis

Did market failures cause the 2007–08 financial crisis? The answer is important because financial regulation that does not address a specific market failure risks causing new inefficiencies and unintended consequences in the financial system and the broader economy.

November 26, 2014 Richmond Fed Magazine Econ Focus Reports on the Economic Effects of Population Growth

For centuries, thinkers have predicted economic and resource collapse from overpopulation. The prophecies of doom have failed to come true, however. As developing countries have become more prosperous, their fertility rates have tended to decline. Economists now say that large populations can boost the growth of an economy. The cover story in the latest issue of Econ Focus looks at these and other economic issues involved in population growth.

November 21, 2014 UNC Wins District College Fed Challenge

Students from the University of North Carolina won the district title in the Federal Reserve Bank of Richmond’s College Fed Challenge competition.

November 19, 2014 Minutes of the Federal Open Market Committee, October 28-29, 2014

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on October 28-29, 2014.

November 13, 2014 Richmond Fed Announces Officer Appointment

The Federal Reserve Bank of Richmond announces the following officer appointment:

November 3, 2014 Fifth Federal Reserve District Directors Elected

The Fifth Federal Reserve District member banks elected directors of the Federal Reserve Bank of Richmond for three-year terms effective January 1, 2015.

October 29, 2014 FOMC Action

The Federal Open Market Committee decided to conclude its asset purchase program this month and maintain the current target range for the federal funds rate.

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