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Fed Fifth District economy grows slightly
Consumer spending, travel, tourism rose in summer
The economy in the Federal Reserve’s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) grew slightly in recent weeks, according to the latest
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Fed Fifth District economy shrinks slightly
Customers push back on price growth in several industries
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The economy in the Federal Reserve’s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) has contracted slightly since March, according to the latest
Innovation, capital key to rural growth, Barkin and Warner say
Richmond Fed chief, Sen. Mark Warner suggest solutions to spur development
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There’s hope for economic growth in rural areas despite their challenges, Federal Reserve Bank of Richmond President and CEO Tom Barkin and U.S. Sen. Mark Warner said Wednesday during the Fed’s
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Barkin: Raising interest rates is correct course
Inflation remains high, banks seem stable, Richmond Fed chief says
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As inflation remains high and the fallout from recent bank failures seems contained, the Federal Reserve Bank has good reason to continue raising interest rates, Federal Reserve Bank of Richmond President
Mortgage rates above 7% shock volatile housing market
Rate increases may not be over, economists say
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Charlottesville Realtor Denise Ramey has a client who put in multiple bids for houses over the summer, when the market was booming, but they were all turned down. Now, with