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BETH HAMMACK COMMENTS
US Fed's Beth Hammack says rates likely on hold 'for a good while', CNBC reportsFederal Reserve Bank of Cleveland President Beth Hammack said on Wednesday that while she sees no imminent need for the central bank to cha...
US Stock Market | Fed faces tough trade-off as inflation and growth risks collideA senior Federal Reserve official signaled a potential policy shift if inflation persists above target, highlighting a growing internal deb...
US Fed interest rate predictions: Rate hike likely as Iran war leads to higher gas prices, inflation concerns, claims expertU.S Fed rate hike, if it happens, would almost certainly prompt President Donald Trump to lash out at the Federal Reserve, which he has har...
Fed's Hammack would prefer tighter policy given too high inflationCleveland Fed President Beth Hammack believes monetary policy should be tighter. She feels current interest rates are around neutral. Hamma...
Two Fed dissenters cite inflation risk in votes against rate cutFederal Reserve officials are split on cutting interest rates. Some believe inflation remains too high, citing a lack of recent economic da...
Dow Jones crashes 500 points, S&P 500, Nasdaq plunge over 1% as tech selloff extends, rate cut hopes fadeWall Street's main indexes dipped on Friday, driven by a renewed selloff in technology stocks, while hawkish commentary from Federal Reserv...
Dollar pauses for breath with Fed speakers in focusThe U.S. dollar experienced pressure in early Asian trading. Traders analyzed Federal Reserve comments for interest rate clues. Market jitt...
Bitcoin drops 8% in August to $113K as markets await Powell’s Jackson Hole speechBitcoin experienced a nearly 8% drop, settling at $112,932 on Friday, following a peak of $124,000 last Wednesday. Analysts attribute this ...
Wall Street closes down as investors brace for Powell's speechWall Street indexes declined as investors awaited potential hawkish remarks from Federal Reserve Chair Jerome Powell at the Jackson Hole sy...
Asian stocks muted after rallying on Mideast truceAsian stocks showed caution as the Israel-Iran truce held and Fed Chair Powell offered balanced rate cut views. Middle East tensions eased,...
S&P 500, Nasdaq near record highs, Dow Jones soars 500 points on Israel-Iran ceasefire hopesWall Street's S&P 500 approached a record high following a ceasefire announcement regarding Israel and Iran, coupled with Federal Reserve C...
Asian stocks rise on Fed rate-cut hopes, Alphabet solid earningsShares in South Korea gained 1.1% after Treasury Secretary Scott Bessent said the US may reach an “agreement of understanding” on trade as ...
Fed's Hammack sees more runway for Fed balance sheet cutsCleveland Fed President Beth Hammack suggests conditions support further balance sheet reductions, emphasizing patience with monetary polic...
Relief rally stutters as markets take stock of Trump's U-turnsGlobal markets experienced mixed signals as investors grappled with President Trump's inconsistent stances on tariffs and Federal Reserve l...
Asian shares echo US drop as tariffs hit sentimentShares in Australia and Japan opened lower after the S&P 500 lost 1.6% Thursday, erasing its gains for the year. The Nasdaq 100 declined 2....
Donald Trump, Inflation, Economic uncertainty - Why are US Fed policymakers worried?US Federal Reserve policymakers have underlined the importance of Donald Trump's policies as the US President.
S&P 500, Nasdaq hit two-week lows as caution reigns over Middle East tensionsMarkets were wary as Israel and the U.S. vowed to strike back after Iran attacked Israel on Tuesday, following which the S&P 500 and the Na...