The Latest Breaking News from Beth Hammack

July Inflation Was In Line With Expectations. Expectations For a Fed Rate Hike Decreased.

Expectations that the Fed will hold interest rates unchanged in its September meeting increased on Wednesday after the July inflation rate was in line with estimates.

International Business Times · Aug 12

The Upcoming Inflation Report Is a Big Deal for the Fed. Here's What Economists Expect.

The Dow Jones consensus forecast calls for headline CPI to rise 0.1% from June, while core CPI, which excludes volatile food and energy prices, is expected to increase 0.2%.

International Business Times · Aug 12

A Fed Member Voted To Hike Rates In July. She Said More Than One Increase Could Be Needed To Tame Inflation.

Cleveland Federal Reserve president Beth Hammack said more than one interest rate hike could be needed to tame inflation.

International Business Times · Aug 11

FTSE 100 closes just below milestone after strong week

NatWest led the risers, up 3.2%, as it raised guidance for 2026.

Evening Standard · Jul 31

Two Fed dissenters say higher interest rates needed to combat inflation

Two Federal Reserve officials dissented, favoring an immediate interest rate hike this week. Cleveland Fed President Beth Hammack stated inflation remains stubbornly above the target. Minneapolis Fed President Neel Kashkari also expressed concern about entrenched inflation risks. Dallas Fed President Lorie Logan was the third policymaker supporting a rate increase.…

The Economic Times · Jul 31

Fed's Beth Hammack Warns Inflation Won't Fall on Its Own, Says Waiting Could Be a 'Costly' Mistake: 'Now Is the Time'

Federal Reserve Bank of Cleveland President Beth Hammack said inflation remains too high and is unlikely to return to the Fed’s target without additional action from the central bank.

Benzinga · Jul 31

US Federal Reserve holds interest rates steady as three policymakers back hike

The Federal Reserve held its key interest rate steady on Wednesday despite persistently high inflation and an Iran war-driven surge in energy prices.

Euronews · Jul 29

Let’s get ready to rumble: The next Fed meeting will be a ’family feud’—and that’s exactly what Chairman Kevin Warsh wants

“And the survey says … policy will likely stay on hold for an additional meeting. Hawkish momentum is building, however. We expect two hawkish dissents.”

Fortune · Jul 25

Stocks Set to Open Higher as Chipmakers Rebound, Corporate Earnings in Focus

September S&P 500 E-Mini futures (ESU26) are up +0.30%, and September Nasdaq 100 E-Mini futures (NQU26) are up +0.59% this morning, buoyed by a mild rebound in chip stocks at the start of an earnings-packed week.

Barchart · Jul 20

Dollar Little Changed as Crude Prices Soar and T-note Yields Fall

The dollar index (DXY00 ) finished little changed on Friday. The dollar found some support from Friday’s +4% jump in WTI crude oil prices, which raises inflation expectations and could prompt the Fed to pursue tighter monetary policy, a supportive factor for the dollar. Also, Friday’s stock selloff boosted liquidity...

Barchart · Jul 17