Hammack, a former finance executive at Goldman Sachs who began leading the Cleveland Fed last year, cited high stock valuations and other market-based metrics to suggest that "we may be at or close to ...

Hammack spoke just ahead of two days of testimony for Fed Chair Jerome Powell before Congress. After lowering rates by a full percentage point to between 4.25% and 4.50% last year, the Fed held ...

Federal Reserve officials on Friday said the U.S. job market is solid and noted the lack of clarity over how President Donald ...

Who’s Who 2025 — our authoritative guide to power in Chicago — is here. This year’s edition features more than 464 influential leaders who are shaping Chicago's business, civic ...

President Donald Trump commended the Federal Reserve for its decision last week to leave interest rates unchanged. "Holding ...

President Donald Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark ...

Also, how will it affect our power rankings? All good things to ponder as our NBA insiders break down this week's list. Note: ...

The Federal Reserve held interest rates steady on Wednesday after price increases ticked up over the last three months, suggesting inflation may still have some life in it. Central bankers held ...

Inflation has moved down sharply from the 40-year peak it hit in mid-2022, but the Fed's 2% goal has remained elusive. In ...

WASHINGTON (AP) — President Donald Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate unchanged at its two-day policy meeting ...

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