Federal Reserve Bank of Richmond

Federal Reserve Bank of Richmond

Registration Now Open for the 2026 Investing in Rural America Conference

Sept. 30 - Oct. 2, 2026 in Asheville

Profits Without Peril: Why Record Earnings Don't Necessarily Mean We're Overheating

The Bank of North America

What's Behind Today's Supply Chain Pressures?

"One of the most powerful things that we can do with these business surveys is to look over time. We have firms that are on the cutting edge of investing and implementing this technology. We can use these questions over time to understand how the landscape is evolving."

Sonya Ravindranath Waddell

Vice President and Economist

Speaking of the Economy Podcast, What CFOs Say About AI Adoption, May 20, 2026

Listen to the episode >

Events Calendar

July 7, 2026

District Dialogues: What's Next for the Economy of the Carolinas?

2:30 p.m. – 5 p.m. ET

Charlotte Branch
Charlotte, NC and Virtual

Sept. 30, 2026

2026 Investing in Rural America Conference

Omni Grove Park Inn
Asheville, NC

Nov. 5 – 6, 2026

The CFO Summit

Charlotte Branch
Charlotte, NC

View More Events

Who We Are and What We Do

As a regional Reserve Bank, the Richmond Fed works to strengthen the economy and the Fifth District communities we serve by helping to carry out the day-to-day operations of the Fed. Here's how we do it:

Help Keep Banks Safe and Sound

We help make sure banks in our district follow applicable laws and regulations.

Keep Cash and Payments Flowing

We help keep the country’s electronic payment system running and make sure banks have enough cash and coin to do business.

Represent the Regional Economy

We represent our region in national monetary policy discussions that aim to keep prices and employment stable.

Engage in Our Local Communities

We listen and learn from regional voices, and we provide economic education and community development resources in support of a stronger economy for all.

Contribute Specialized Knowledge

We share our unique expertise with the Federal Reserve System, like the work we do to understand and uplift the economies of rural areas and small towns.

By the Numbers

60.6

was the average rating from CFOs when asked between May 18 and June 5 to rate their optimism about the overall U.S. economy on a scale from 0 to 100, falling slightly from 61.7 in the first quarter of 2026.

See results from the latest CFO Survey >