Skip to main content

Understand. Power. Act.

The Library

New

One story, all the way down.

Fed's Hammack warns inflation pressures remain tilted to upside

Federal Reserve Bank of Cleveland President Beth Hammack said on ‌Thursday that inflation pressures remain elevated and the longer this situation persists, the harder it will be to bring ⁠price pressures back to target.

Sources (1)· Sep 24, 1:17 PM

Every telling

their own versions

Reuters· Sep 24, 1:17 PMFed's Hammack warns inflation pressures remain tilted to upside

The thread

Before

Dollar rally tells Trump Treasury that the ‘house’ is losingThe dollar's surge, propelled by strong US economic data, a hawkish Federal Reserve, and surging bond yields, is gathering momentum. An increasingly interventionist US Treasury will not welcome this – and it’s a reminder that for market actions to work, governments need to be willing to go big.

Reuters16d agoWhole story →

Economy dollar surge

Boston Fed explains why Massachusetts job growth stalledNew research from the Federal Reserve Bank of Boston says that the state simply couldn’t continue to create jobs faster than the rest of the country.

The Boston Globe16d agoWhole story →

CPI Inflation Data Due As Federal Reserve Rate Hike Hangs In The Balance (Live Coverage)The August consumer price index is the last hope to avoid a Sept. 16 Federal Reserve rate hike. S&P 500 futures rose as oil prices fell.

Investor's Business Daily16d agoWhole story →

Commerce federal reserve rate decision

Sterling hits near 3-month low against the dollarSterling hit the lowest level in almost three months against the dollar and edged down versus the euro on Thursday, as investors singled out the pound as a key casualty of the ‌dollar repricing sparked by Federal Reserve’s hawkish shift last week.

Reuters16d agoWhole story →

Fed again hoping for a pain-free landing from current inflation spikeUS Federal Reserve officials, who have begun hiking interest rates to tame high inflation, believe they can do so without damaging the job market if businesses come to anticipate falling inflation as a reason to raise prices less.

Reuters16d agoWhole story →

Economy fed rate hike decision

Since

'Illegitimate Show Trial': Warren Condemns Trump's Latest Attack on Fed Gov. Lisa CookSen. Elizabeth Warren, the top Democrat on the Senate Banking Committee, said Friday that President Donald Trump's formation of a new committee to investigate Federal Reserve Gov. Lisa Cook amounts to "an illegitimate show trial in his dangerous quest to illegally take over our nation’s central bank." "Instead of playing judge in a kangaroo court of his…

Common Dreams1d agoWhole story →

Government trump fed probe

Senate Democrat Presses Cantor Fitzgerald on Tether Ties and Lutnick Family ProfitsSen. Richard Blumenthal wants Cantor Fitzgerald to open its records on Tether and on how much Commerce Secretary Howard Lutnick's family has earned from its business deal.

Decrypt1d agoWhole story →

Technology Richard Blumenthal crypto regulation probe

Investors Poured $166 Billion Into Cash Funds in Just One Week. BofA Says They Aren't Ready To Leave.Bank of America strategist Michael Hartnett said investors may keep their money in cash until the Federal Reserve begins a sustained cycle of interest-rate cuts.

International Business Times1d agoWhole story →

Trump created a committee to dig into the Fed's Lisa Cook. What is it and what comes next?Trump’s bid to fire the Fed's Lisa Cook follows a Supreme Court ruling and could affect Jerome Powell, central bank independence and interest rates.

CNBC1d agoWhole story →

Economy fed committee formation

US Deficit Approaching Grim Milestone — But News Met With Crickets From LawmakersThe deficit is almost $2 trillion

Daily Caller1d agoWhole story →

Economy federal deficit milestone

More like this

similar stories in the archive

Fed's Hammack says bond yield surge not about lost inflation confidenceFederal Reserve Bank of Cleveland President Beth Hammack said on Friday ‌that surging bond yields are not being pushed up by inflation fears.

Reuters15d agoWhole story →

Economy fed monetary policy update

Fed's Hammack worried inflation expectations could deteriorateFederal Reserve Bank of Cleveland President Beth Hammack said on Friday she is concerned that persistently high inflation risks conditioning the American public to accept elevated prices as the ‌norm, adding the central bank cannot let that happen.

Reuters15d agoWhole story →

Economy fed inflation concerns

Fed’s preferred inflation gauge points to continued price pressuresUS inflation stayed stuck at an elevated level in August, reinforcing the Federal Reserve’s decision in September to raise interest rates for the first time in roughly three years.

The Boston Globe10d agoWhole story →

Economy inflation rate update

Fed's Collins says she supported rate hike, warns of elevated inflation risksBoston Federal Reserve President Susan Collins wrote on Tuesday that she supported the US central bank's decision last week to raise interest rates ‌in the face of risks that future inflation will be above the 2% target.

Reuters18d agoWhole story →

Economy federal reserve rate hike

New York Fed says supply chain pressures rose last month relative to AugustSupply chain pressures heated up modestly in September, a report said from the ‌Federal Reserve Bank of New York on Tuesday.

Reuters4d agoWhole story →

Economy supply chain update

Fed's Musalem says tighter monetary policy needed to lower inflationSt. Louis Federal Reserve President Alberto Musalem said on Thursday the US central bank will need to hike interest rates again to bring inflation back to ‌its 2% target, although he declined to say what policymakers should do at their meeting later this month.

Reuters2d agoWhole story →

Economy fed rate hike decision

What a hiring slowdown signals about the state of the U.S. economyU.S. hiring slowed in September as employers added just 29,000 jobs. The disappointing jobs report has wide-reaching implications for consumer prices and interest rates, and it comes a month before Americans head to the polls for midterm elections. Amna Nawaz discussed more with Beth Hammack, president of the Federal Reserve Bank of Cleveland.

PBS NewsHour8d agoWhole story →

Economy september jobs report

Fed's inflation fight shifts to how far rates will have to riseThe Federal Reserve’s decision to raise rates for the first time in three years is opening a new front in its fight against inflation.

Baltimore News23d agoWhole story →

Economy federal reserve rate hike