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Fed officials continue to talk up the need for higher rates as inflation remains elevated and the most acute pressures from March's bank crisis show signs of easing. ... Cleveland Federal Reserve ...
Federal Reserve Bank of Cleveland President Loretta Mester said Thursday that while there are some new hopeful signs of moderating inflation, the main risk still facing the U.S. central bank is ...
With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves. The minutes ...
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. The milder inflation figures arrive ...
First, low- and middle-income households are still struggling with inflation. The Cleveland Federal Reserve noted that two-thirds of the nonprofits in its district reported that low- and middle ...
NEW YORK (Reuters) -Rent inflation will continue to put pressure on consumers for some time to come, the Federal Reserve Bank of Cleveland said in a report on Wednesday, in a finding that may ...
In 1990, Joseph joined the Federal Reserve Bank of Cleveland as an economist and consultant in the research department. He served vice president at the Cleveland Federal Reserve Bank of Cleveland and led the Research Department's Banking and Financial Institutions Group. Joseph is a senior economic and policy advisor at the Cleveland Fed. [2]
Federal Reserve governor Chris Waller said Wednesday that he still supports cutting interest rates this year, believing inflation will continue to drift lower despite promises of sweeping tariffs ...