John Carney

John Carney

Articles by John Carney

Fed Points To March Rate Hike

The Federal Reserve on Wednesday sent a clear message that it intends to raise its interest rate target at its next meeting in March.

Fed Chair Jerome Powell Addresses Rural Housing Conference In Washington DC (Mark Wilson / Getty)

Inflation Explodes to Record-Breaking High in Richmond Fed Survey

The prices of products manufactured in the U.S. central Atlantic region rose in January at the fastest annual pace recorded in data that stretches back twenty-five years, according to a survey from the Federal Reserve Bank of Richmond released Tuesday.

WASHINGTON, DC - JANUARY 21: U.S. President Joe Biden delivers remarks after Intel CEO Patrick Gelsinger announced that his company will spend $20 billion to build what he says will be the world's biggest chipmaking hub in Ohio in the South Court Auditorium of the Eisenhower Executive Office Building on …