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Press Releases

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Date Title
March 20, 2015 Federal Reserve System Publishes Annual Financial Statements

The Federal Reserve System on Friday released the 2014 combined annual financial statements for the Federal Reserve Banks, as well as statements for the 12 individual Federal Reserve Banks, Maiden Lane LLC, and the Board of Governors. These financial statements are audited annually by an independent auditing firm and, consistent with prior years, received unmodified audit opinions for 2014.

March 18, 2015 FOMC Action

The Federal Open Market Committee today reaffirmed its view that the current target range of 0 to .25 percent for the federal funds rate remains appropriate.

March 12, 2015 Richmond Fed Announces Research Appointments

The Federal Reserve Bank of Richmond appoints John Weinberg senior vice president and special advisor to the president and names Kartik Athreya  senior vice president and director of research, effective April 1.

March 5, 2015 Richmond Fed's Economic Brief Attributes Dwindling Number of Banks to Lack of New Banks

The Federal Reserve Bank of Richmond’s March Economic Brief helps explain the decline in the number of banks since the Great Recession.

March 4, 2015 Beige Book

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

March 3, 2015 Richmond Fed's Economic Quarterly Surveys the Labor Market

In the latest issue of Economic Quarterly, Richmond Fed economists Andreas Hornstein and Marianna Kudlyak and McGill University professor Fabian Lange observe these labor market transitions and suggest that the standard unemployment rate and its extensions proposed by the Bureau of Labor Statistics are both too coarse and too narrow as measures of resource utilization in the labor market.

March 2, 2015 Richmond Fed Announces Officer Appointment

The Federal Reserve Bank of Richmond announced the appointment of Melanie Rose as assistant vice president.

February 27, 2015 Richmond Fed Magazine Econ Focus Reports on the Changing Hawk-Dove Distinction in Monetary Policy

News stories tell us that some Fed officials are "hawks" and others are "doves." But now that Fed policymakers are closer to a consensus on inflation than in past decades, do these terms still mean what they used to? The featured article in the latest issue of Econ Focus magazine looks at the changing nature of monetary policy debates — and the changing nature of the hawk-dove divide.

February 18, 2015 Minutes of the Federal Open Market Committee, January 27-28, 2015

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on January 27-28, 2015.

February 10, 2015 Economic Brief Urges Caution in Interpreting Slow Wage Growth

The Federal Reserve Bank of Richmond’s new Economic Brief addresses the question of whether slow wage growth indicates labor market “slack” that is not adequately reflected in the unemployment rate alone.

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