FOMC Leaves Rate Steady
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"By stable prices, I mean, you don’t want high inflation, you don’t want deflation, you don’t want highly variable inflation, right? Right. You want be able to predict what prices are going do over the next few months, over the next year. That’s what we [the Fed] mean by stable prices."
Vice President and Economist
RVA's Got Issues Podcast: What's Ahead for the Economy?
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:
