Richmond Fed at a Glance

Speeches, Presentations and Public Appearances

Economic Conditions

• “Prospects for Ongoing Economic Expansion After a Decade.” Matt Martin, vice president and regional executive. TMA Southeast Regional Conference, Asheville, North Carolina. May 30, 2019. Video.
• “Technology-Enabled Disruption: Richmond Fed's Kartik Athreya.” Kartik Athreya, executive vice president and research director. Technology-Enabled Disruption: Implications for Business, Labor Markets and Monetary Policy conference, Dallas, Texas. May 23, 2019.
• “Economic Outlook for the United States and Virginia.” Sonya Ravindranath Waddell, vice president and regional economist. Virginia Credit Union League CEO Summit, Irvington, Virginia. May 17, 2019.
• “The Effects of Market Concentration on Suppliers.” Tom Barkin, president. Richmond Fed’s Market Structure and the Macroeconomy conference. Richmond, Virginia. May 16, 2019.

Income and Wealth Inequality

• “Income and Wealth Inequality in the U.S.: Evidence and Research.” Laura Ullrich, regional economist. Travelers Aid International Conference, Charlotte, North Carolina. June 14, 2019.

Small Business

• “Key Findings from the Small Business Credit Survey on Minority-Owned Firms.” Shannon McKay, regional and community analysis research manager. Maryland Hispanic Chamber of Commerce Breakfast, Baltimore, Maryland. June 14, 2019.

Media Interviews and Commentary

Bank President

• The Wall Street Journal: Fed’s Barkin Warns of Chill Over Business Investment From Trade Uncertainty
• The Wall Street Journal: Fed’s Barkin Takes Wait-and-See Approach to Rate Setting
• The Wall Street Journal: Richmond Fed’s Barkin Supports Steady Rate Stance
• CNN Business: ‘We Could Talk Ourselves Into a Recession,’ One Fed Official Says
• Charlotte Business Journal: Fed CEO Talks Women in Workforce, Immigration and More at Charlotte Luncheon
• The Charlotte Observer; The State: Charlotte Businesses Hold Back on Growth Amid Trade Fights, Area Fed Chief Says
• Niagara Falls Review: Canada a World Leader in Growing Female Workforce Participation
• Reuters: Fed’s Barkin Says Policies Could Do More to Help Women Enter Workforce

Board of Directors

• Georgia Tech News Center: Cabrera Named President of the Georgia Institute of Technology

Community Development

• Charlotte Business Journal: City Looks to Leverage Influence, Policy Amid Opportunity-Zone Frenzy

Governance

• Bloomberg; Daily Herald: What the Fed Heard When It Listened to Americans About Inflation

Supervision, Regulation and Credit

• Liberty Street Economics: Understanding Cyber Risk: Lessons From a Recent Fed Workshop

Research and Regional Research

• Baltimore Sun; The Capital Gazette; The Carroll County Times: Maryland Adds Modest 1,200 Jobs in April; Unemployment Stays Flat
• Bloomberg: Fed Beige Book Says Economy Improves, Growing at Modest Pace
• Business Insider: The Job Market Is So Hot That One Richmond-Area Restaurant ‘Moved to Counter Service and Disposable Utensils’ to Stay Open
• Fleet Owner: Logistics Report Warns of Climate-Related Risks, Costs
• Good Financial Cents: Best Mortgage and Refinancing Rates in Maryland
• PYMNTS.com: The Only Thing Missing From The Big Tech Breakup Debate: a Debate
• The Post and Courier: Employers in the Carolinas Reported Lowest-Ever Availability of Skilled Workers in June
• The Post and Courier: SC Jobless Figures Rose Slightly in May, But Unemployment Still Below U.S. Average
• The Post and Courier: Tariffs Slow SC Manufacturing Investment, Putting Projects on ‘Long Pause’
• Richmond Times-Dispatch; The Daily Progress: Virginia’s Unemployment Rate Was 2.9 Percent in April, Down From 3.1 Percent a Year Ago
• Richmond Times-Dispatch; Fredericksburg.com: Virginia’s Jobless Rate Rose Slightly From April to May to 3%, Same as Last May

Special Report

• D.C. Consumer Credit Report: Unequitable Growth & Concentrated Financial Vulnerability in the Nation’s Capital: Consumer Credit Trends in the District of Columbia, 2007-2017

Selected Publications

• Market Concentration Concerns. Policymakers in the United States and Europe have expressed concerns that markets are becoming less competitive as they become more concentrated, but the Richmond Fed’s latest Economic Brief concludes that the evidence is mixed and more research is needed to reach a consensus.
• Time-Varying Skewness and Real Business Cycles. Richmond Fed economist Toan Phan and Amazon senior economist Lance Kent examine how shocks to a country’s total factor productivity during periods of political unrest affect the business cycle. They find that political unrest increases volatility and negative skewness, which has substantial impacts on output, consumption and investment.
• An Overview of CDS Auctions. Richmond Fed researchers Erica Paulos, Bruno Sultanum and Elliot Tobin examine the history of the credit default swap market. They examine recent CDS auctions and confirm previous findings that dealers have an incentive to manipulate the auction price to get better terms when they settle their CDS contracts.