CLEVELAND, Ohio — All eyes are on the Federal Reserve, which on Wednesday finally decided to cut interest rates. And it has signaled that more rate cuts are likely to come. But savvy consumers ...

Among those voting in favor of the cut was Beth M. Hammack. Hammack is the new president and CEO of the Federal Reserve Bank of Cleveland. She began her term on Aug. 21. This was her first Fed meeting ...

Inflation in the U.S. is unlikely to fall to the Federal Reserve's 2% target for at least three more years, according to a new report published by the Cleveland Federal Reserve Bank. The ...

WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of both ...

Cleveland Federal Reserve Bank president Beth Hammack dissented from Wednesday's rate cut, saying she would have preferred to leave rates unchanged. The hawkish forecast from Fed officials ...

For their part, other Federal Reserve officials have stuck to the same line in public appearances. Cleveland Federal Reserve Bank President Loretta Mester and her counterpart in Chicago ...

Cleveland Federal Reserve President Beth Hammack says the U.S. central bank is trying to steer the real economy for the benefit of the American people. That has become increasingly challenging ...

Cleveland Fed President Beth Hammack dissented against the Fed's decision to cut rates by a quarter point and would have preferred to hold rates steady at their previous level of 4.5% to 4.75% ...

The Federal Reserve Bank of Cleveland announced Wednesday that Beth M. Hammack will be its next president and chief executive officer after current president Loretta Mester retires at the end of June.