Cleveland Fed President Beth Hammack endorses a patient approach in assessing further Federal Open Market Committee policy adjustments. "A patient approach will allow us time to monitor the ...
Federal Reserve Bank of Cleveland President Beth Hammack says the Fed should continue to be cautious with further interest-rate cuts amid slower recent progress getting inflation back to the ...
The Federal Reserve will keep interest rates steady through the first half of the year, before delivering two reductions beginning in September, according to economists surveyed by Bloomberg News. Fed ...
Federal Reserve Bank of Cleveland President Beth Hammack said interest rates are not “meaningfully restrictive” and should be held steady for some time as officials wait for evidence inflation is ...
A media company leader and a real estate executive are bringing their insights to the Cleveland Fed. Learn how their appointments could shape regional economic understanding. STORY HIGHLIGHTS ...
"Consumer spending was down," the Cleveland Fed said in observations dovetailing with national consumer sentiment surveys, "and some auto dealers and consumer lenders noted declining consumer ...
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, slightly lower than the previous reading of 2.6 percent but still well above the ...
Federal Reserve Bank of Cleveland President Beth Hammack reckons the U.S. central bank can keep steadily shrinking its balance sheet through a period of uncertain government finances, while noting she ...