News

Removing Powell undermines credibility of Trump’s economic program: fmr. Cleveland Fed president
Loretta Mester, Former Cleveland Fed president, joins 'Fast Money' to talk the impact of the White House facing off with the ...
American Banker3h
Fed official: 'Some' repo volatility is good for the market
Federal Reserve Bank of Cleveland President Beth Hammack said the central bank should not let fears of money-market shakiness ...
Crain's Cleveland Business13h
Cleveland Fed’s Hammack says clear data could prompt a rate move in June
Federal Reserve Bank of Cleveland President Beth Hammack ruled out a May interest-rate cut but said the central bank could ...
Trump tariffs: Ohio businesses note impact on customers, supply in Cleveland Fed survey
A Federal Reserve Bank of Cleveland survey found most respondents believe Trump's new tariffs will affect local businesses ...
Fed Should Continue to Shrink Balance Sheet, Cleveland Fed’s Hammack Says
She pointed to potential costs when the central bank lets its reserves stay too large.
Crain's Cleveland Business9h
Businesses say Trump tariffs will raise prices and decrease demand, Cleveland Fed survey shows
Tariffs are taxes on imports. Trump has sold them as a way to encourage manufacturing and other businesses to return to the ...
WYSO Public Radio2d
Local businesses tell Cleveland Fed tariffs will raise prices and decrease demand
The Federal Reserve Bank of Cleveland asked firms in the district how tariffs may impact them in a February survey. Companies ...
Report: Kentucky businesses tell federal bank they expect price hikes due to tariffs
The survey by the Cleveland Federal Reserve Bank of businesses in parts of Kentucky, Ohio, Pennsylvania and West Virginia ...
Bloomberg on MSN10h
Fed's Hammack Supports Slowing Pace of Balance Sheet Run Off
Federal Reserve Bank of Cleveland President Beth Hammack says slowing the pace of the US central bank's balance-sheet ...
Fed's Hammack sees more runway for Fed balance sheet cuts
Conditions still support ongoing reductions in the Federal Reserve's balance sheet, Cleveland Fed President Beth Hammack said ...
Fed’s Hammack Sees Costs to Larger-Than-Needed Balance Sheet
Federal Reserve Bank of Cleveland President Beth Hammack said slowing the pace of the US central bank’s balance-sheet reduction may allow officials to continue the runoff for longer, while emphasizing ...
Stocks are liking the sound of potential rate cuts
U.S. stocks were pushing higher ahead of midday Thursday, getting a lift from Federal Reserve comments about potential rate cuts ahead. "I think the markets were clearly moving on some of the Fed ...