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 ...

Rising costs of groceries, gasoline, and rents contribute to the unexpected boost in inflation, dampening business enthusiasm ...

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

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

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” while policymakers await further downward progress on inflation and analyze ...

Austin Ramirez until recently planned to build a new factory in Mexico as part of his Wisconsin-based company's strategy to ...

After new estimates for inflation were released Wednesday by the Bureau of Labor Statistics, President Donald Trump cast ...

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

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