News

Cleveland Fed survey shows CEOs' inflation expectations drop, but wholesale prices surge

CEOs expect inflation to slow, according to Cleveland Fed survey, but PPI jumps and PNC ups predicted interest rate cuts from ...

Former Cleveland Fed Pres. Mester: The next Fed chair should be someone 'who's open to listening'

Former Cleveland Fed President Loretta Mester joins 'Squawk Box' to discuss news of the Trump team expanding its search for ...
Crain's Cleveland Business13d

Fed’s Hammack says job market healthy despite ‘disappointing’ report

Federal Reserve Bank of Cleveland President Beth Hammack said the US labor market still appears healthy, though fresh jobs ...
Business Times1y

Jerome Powell and the Fed are officially on Instagram

Part of the Fed’s mission is financial and economic education. In 2021, the Cleveland Fed, home to the Center for Inflation Research, put out a series of videos that utilised Lego to explain how the ...

CEO inflation expectations decelerates to +3.5% in Q3: Cleveland Fed

Chief executive officers still expect the Consumer Price Index to be in the 3%-4% range over the next twelve months, a ...
Business Times1y

US Fed officials suggest interest rates should stay high for longer

SEVERAL Federal Reserve officials said the central bank should keep borrowing costs high for longer as policymakers await more evidence inflation is easing, suggesting they are not in a rush to cut ...
Reuters11y

Cleveland Fed delays release of median CPI | Reuters

The Federal Reserve Bank of Cleveland on Friday said its Median Consumer Price Index for September, originally set for release on Wednesday, was delayed due to the federal government shutdown.