Federal Reserve Bank of New York

Businesses are starting to step up their efforts to partner with community groups and provide training programs for employees as job openings become harder to fill, Federal Reserve Bank of New York President John Williams said.

Consumers’ inflation expectations held, but respondents’ optimism about income and spending slid.

The New York economy continues to expand, even as revenues slumped in May.

Prices paid remain elevated, while business activity improved, the Empire State Manufacturing Survey, released Monday by the Federal Reserve Bank of New York, suggested.

Consumers’ inflation expectations grew, but respondents’ optimism about income held, according to the April Survey of Consumer Expectations, released by the Federal Reserve Bank of New York on Monday.

The Federal Reserve’s policy-making panel is about to get a hawkish mid-year reshuffle.

Lorie Logan, a senior vice president at the New York Fed, said that she saw “virtually no chance of going back to the pre-crisis balance sheet size of $800 billion.’’

A total of 3-4 rate hikes this year remains viable, Federal Reserve Bank of San Francisco President John Williams said in a televised interview Friday.

The United States economy is healthy, according to Federal Reserve Bank of New York President William Dudley, who said he would be surprised if a recession occurred in the next couple of years.

President Donald Trump may hope his tariffs on imported steel and aluminum will create new jobs, but researchers at the Federal Reserve Bank of New York said the opposite outcome was more likely.