Economic data
Higher rates could be needed to avoid 'inflationary mindset' taking hold, says Fed's Hammack
The Cleveland Fed president said that tighter monetary policy would be needed to bring down inflation.
Related discussion groups
No group discusses this yet. Start a discussion group and attach this story.
More news about United States of America
- US Should Not Do Diesel Deal With Russia, Says Republican Mike LawlerRepresentative Mike Lawler, a New York Republican, said he's opposed to any US deal with Russia that benefits 'vile dictator' Vladimir Putin. Lawler said that the answer to US energy supply issues...
- The bull market turned 4 years old on Monday. Investors say reaching a fifth birthday could be challengingThe S&P 500 has climbed almost 120% since its closing low on Oct. 12, 2022.
- Musk steekt stilletjes honderden miljoenen in Congresverkiezingen VS366 miljoen dollar. Dat is het bedrag dat Elon Musk al in de tussentijdse verkiezingen in de VS in november heeft gestoken. Daarmee heeft hij het totaalbedrag van zijn bijdrage aan de overwinning v...
- At 64, Diana Nyad swam 110 miles from Cuba to Florida in about 53 hours; it was her 5th attempt at the crossing, the first in 1978 - Parade MagazineAt 64, Diana Nyad swam 110 miles from Cuba to Florida in about 53 hours; it was her 5th attempt at the crossing, the first in 1978 Parade Magazine
- Democrats rebuke federal raid of Ilhan Omar’s home: ‘rogue abuse of power’Top House Democrats question the ‘corrupt weaponization’ of federal government against Trump’s adversariesIlhan Omar’s Democratic colleagues have condemned federal agents’ search of the Minnesota c...
- Wall Street Strategists See Value in Duration After Bond RoutAfter weeks of selling that pushed Treasury yields to multi-year highs, Wall Street strategists are starting to see value in bonds again.
- Zohran Mamdani orders use-of-force review for New York City policeCity spokesperson says the mayor's calls for reform are not connected to police response to an ICE shooting last week.
- Fed’s Hammack Prefers Smaller, Frequent Rate AdjustmentsFederal Reserve Bank of Cleveland President Beth Hammack pointed to smaller, more frequent policy adjustments to help inflation expectations remain anchored. At an event in Cleveland Monday, Hammac...
More on Economic data
- Ukraine, Saudi Strikes and Soaring Oil RisksTina Fordham, founder of Fordham Global Foresight joined Bloomberg Open Interest to break down President Trump’s surprise diesel deal with Russia, Zelensky’s demand for an energy ceasefire, and fre...
- Germany's debt-to-GDP ratio expected to rise to 78.25pc in 2030 - The Standard (HK)Germany's debt-to-GDP ratio expected to rise to 78.25pc in 2030 The Standard (HK)
- Germany's debt-to-GDP ratio expected to rise to 78.25% in 2030 - ReutersGermany's debt-to-GDP ratio expected to rise to 78.25% in 2030 Reuters
- Germany's debt-to-GDP ratio expected to rise to 78.25% in 2030 - TradingViewGermany's debt-to-GDP ratio expected to rise to 78.25% in 2030 TradingView
- Afreximbank Barbados Country Brief spotlights market’s economic resilience and reform-driven path for growth - TradingViewAfreximbank Barbados Country Brief spotlights market’s economic resilience and reform-driven path for growth TradingView
- House prices continue to climb in Switzerland - SWI swissinfo.chHouse prices continue to climb in Switzerland SWI swissinfo.ch