Fifth District economic activity increased at a slightly faster, but still modest pace, according to the Beige Book report.
The Richmond Fed announced the appointment of Keith Maglinger as an assistant vice president.
Richmond Fed Economic Brief for April 2017 features analysis of retail payments data.
The Federal Reserve System on Friday released the 2016 combined annual audited financial statements for the Federal Reserve Banks, as well as statements for the 12 individual Federal Reserve Banks and the Board of Governors. An independent auditing firm engaged by the Board has issued unqualified opinions on the financial statements and on the Board's and the Bank's internal controls over financial reporting.
The latest issue of Econ Focus magazine examines consumer’s choice of using online-only nonbank lenders.
The Richmond Fed announced the appointment of Will Robinson as an assistant vice president.
The FOMC raised the federal funds rate by 0.25 percent.
The Richmond Fed’s latest Economic Brief looks at the effects of expansionary versus contractionary monetary policy on the unemployment rate.