Federal Reserve Bank of Richmond President Tom Barkin said elevated uncertainty has led businesses to freeze hiring and hold ...

WASHINGTON — A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump's tariffs has caused some businesses to cut back on hiring and spending ...

Barkin and other Fed speakers Friday underscored the difficult challenge the central bank faces right now. If the tariffs push up inflation, the Fed would keep rates elevated — or raise them ...

Barkin and other Fed speakers Friday underscored the difficult challenge the central bank faces right now. If the tariffs push up inflation, the Fed would keep rates elevated — or raise them ...

Al Drago / Bloomberg / Getty Images Federal Reserve officials speaking Friday emphasized the risks that tariffs imposed by the Trump administration will stoke inflation. The Fed, which manages the ...

A key challenge for the Fed right now, however, is determining which risk is bigger for the economy, inflation or unemployment. Barkin said it was too early to say that lower borrowing costs are ...