Cleveland Fed's Hammack: Appropriate to Hold Rates Steady for 'Some Time'
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 ...
Cleveland Fed's Hammack, echoing Jerry Maguire, says, 'Show me the low inflation!' before she'll back more rate cuts
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 ...
US inflation accelerated last month: See where prices are heading higher
Rising costs of groceries, gasoline, and rents contribute to the unexpected boost in inflation, dampening business enthusiasm ...
Cleveland Fed chief advocates for steady interest rates amid inflation concerns
Federal Reserve Bank of Cleveland President, Beth Hammack, has advocated for maintaining current interest rates for an ...
US manufacturers face growing headwinds from trade tensions
Austin Ramirez until recently planned to build a new factory in Mexico as part of his Wisconsin-based company's strategy to ...
Seeking Alpha on MSN2d
CEOs lower their inflation expectations in Q1, Cleveland Fed survey shows
Chief executives of firms in the U.S. manufacturing and services sectors pulled down their expectations for what inflation ...
Consumer price report Wednesday expected to show inflation isn't going away
Another month, another expected miss for inflation as it relates to the Fed’s goal, with concerns aplenty about what happens ...
Crain's Cleveland Business1d
Cleveland Fed's Hammack says rates on hold until inflation ebbs further
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 ...
Trump blames familiar economic villain as inflation ticks upward
After new estimates for inflation were released Wednesday by the Bureau of Labor Statistics, President Donald Trump cast ...
cfodive21h
Powell says Fed need not hurry to cut main rate, GDP growth ‘solid’
Monetary policy is “well positioned” to handle any rebound in price pressures or weakening in the labor market, Fed Chair ...
Key takeaways from Fed Chair Jerome Powell’s congressional hearing
America’s central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday. Powell also faced a barrage of questions about the Consumer ...
Dow Jones and Nasdaq 100: Markets Drops as Powell Testifies, Coca-Cola Jumps 3%
US stock futures drop as Powell’s testimony looms. Trade tensions, inflation risks, and Fed policy outlook shape market ...