Fed’s Hammack Says There’s No Need To Change Interest Rates For Months, WSJ Reports
Federal Reserve Bank of Cleveland President Beth Hammack said she sees no need to change U.S. interest rates for months.
Federal Reserve Bank of Cleveland President Beth Hammack said she sees no need to change U.S. interest rates for months.
The Federal Open Market Committee recently held last meeting of year, which culminated in a third (and final) cut to the federal funds rate for 2025.
Christopher Waller told CNBC he will stress the Fed’s independence when he is interviewed by President Donald Trump Wednesday.
Atlanta Fed president Raphael Bostic did not support cutting rates last week and does not see a case to cut rates next year unless inflation drops.
Nasdaq is planning to submit paperwork with the SEC to roll out round-the-clock trading of stocks, as it looks to capitalize on global demand.
Kevin Hassett said if picked to lead the Fed the central bank’s interest rate decisions would remain independent regardless.
Two Federal Reserve officials laid out their cases for why they would have preferred to keep rates unchanged in the year's final meeting this week.