Fed’s Hammack comments suggest that no Fed rate cut will happen in July as inflation remains high. Odds drop below 5%.

Bank of Cleveland President Beth Hammack said that she does not see an immediate reason to cut interest rates and that the ...

Only "a couple" of officials at the US Federal Reserve's June 17-18 meeting said they felt interest rates could be reduced as ...

Wall Street has become too optimistic — once again — about the likelihood of rate cuts from the Federal Reserve, according to ...

The Federal Reserve's $2.5 billion plan to renovate its D.C. headquarters is the latest flashpoint in President Trump's ...

U.S. President Donald Trump says the U.S. Federal Reserve should set its benchmark interest rate at one per cent to lower ...

Federal Reserve Bank of Cleveland President Beth Hammack said she wants to see inflation lowered further before she’d support ...

Stocks (^GSPC, ^IXIC, ^DJI) have rallied, but traders are bracing for Tuesday's Consumer Price Index (CPI) report to see if ...

The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.

President Donald Trump criticized Federal Reserve Chair Jerome Powell, demanding that interest rates should be reduced to 1% or even lower, highlighting his ongoing dissatisfaction with the current ...

US President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1 per cent to lower government ...