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Cleveland Fed’s Hammack casts doubt on interest rate cuts amid inflation worries

Cleveland Federal Reserve President Beth Hammack said Friday she would be hesitant about lowering interest rates as long as inflation remains a threat.In...

Powell indicates conditions ‘may warrant’ interest rate cuts as Fed proceeds ‘carefully’

Federal Reserve Chair Jerome Powell on Friday gave a tepid indication of possible interest rate cuts ahead as he noted a high level...

Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show

Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates, split between concerns over...

Trump ‘big beautiful’ bill gives top 1% biggest tax cuts in these states

Speaker of the House Mike Johnson, R-La., speaks to reporters as he walks back to his office as the House of Representatives waits...

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