Prices could tick higher in 2025 as businesses pass tariff costs on to consumers, Cleveland Fed's Beth Hammack tells CBS News.

Federal Reserve Bank of Cleveland President Beth Hammack said that interest rates are only modestly restrictive and that officials may hold borrowing costs steady for some time. Hammack said Tuesday ...

PALO ALTO, California (Reuters) -The Federal Reserve needs more time to see how the economy responds to U.S. President Donald Trump's tariff and other policies before figuring out the right response, ...

Federal Reserve Bank of Cleveland President Beth Hammack said she wouldn’t support lowering interest rates if central bankers were making a policy decision tomorrow. “We have inflation that’s too high ...

In a story published Sep. 15, 2025, about the Federal Reserve’s upcoming policy meeting, The Associated Press erroneously ...

Caught between economic uncertainty and political pressure, the Federal Reserve will decide this week whether to begin ...

Federal Reserve Bank of Cleveland President Beth Hammack said she wants to see inflation lowered further before she’d support a cut in interest rates. “We’re not there yet on the inflation side of the ...

The president of a regional Federal Reserve bank on Monday said that the U.S. economy is "really healthy" and that there isn't currently a need to cut interest rates barring a deterioration in the ...

Cleveland Fed President Beth Hammack said Monday she does not favor cutting rates unless signs emerge that the economy is weakening. "I see an economy that's resilient. I see one that's working really ...

This summer, we've started seeing cracks in the U.S. economic armor, including a significant weakening in the jobs market that could signal tough times ahead for many American workers. 💵💰Don't miss ...

Federal Reserve Bank of Cleveland President Beth Hammack said the US labor market still appears healthy, though fresh jobs numbers released Friday constituted a “disappointing report to be sure.” “We ...