Hammack, a former finance executive at Goldman Sachs who began leading the Cleveland Fed last year, cited high stock valuations and other market-based metrics to suggest that "we may be at or close to ...

Speaking ahead of Fed Chairman Jerome Powell, Cleveland Fed President Beth Hammack said she thought the central bank could be patient before cutting rates again. In a speech at the University of ...

Another month, another expected miss for inflation as it relates to the Fed’s goal, with concerns aplenty about what happens from here.

Federal Reserve Bank of Cleveland President Beth Hammack said it’s appropriate to keep interest rates steady for “some time” ...

Federal Reserve Bank of Cleveland President Beth Hammack said it’s appropriate to keep interest rates steady for “some time” while policymakers await further downward progress on inflation and analyze ...

Federal Reserve Bank of Cleveland President, Beth Hammack, has advocated for maintaining current interest rates for an ...

The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.

Chief executives of firms in the U.S. manufacturing and services sectors pulled down their expectations for what inflation ...

Just before Federal Reserve Chair Jerome Powell was due to testify before the Senate, one of the central bank's top officials ...

US stock futures drop as Powell’s testimony looms. Trade tensions, inflation risks, and Fed policy outlook shape market sentiment. Will rate cuts be delayed?

The latest University of Michigan survey showed that consumers expect costs to rise 4.3 percent over the next year, the worst inflation expectations since 2023. More disconcertingly, they expect ...