The Latest Breaking News from Cleveland Fed

Cleveland Fed chief Beth Hammack says markets expect strong consumer demand to keep fueling record S&P 500 gains—even as confidence slips.

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.44%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.55%. December E-mini S&P futures (ESZ25 ) rose +0.40%, and December E-mini Nasdaq futures...

The dollar index (DXY00 ) today fell from a 1-week high on Monday and finished down by -0.31%. The dollar is under pressure on the outlook for easier Fed policy, with the FOMC expected to cut interest rates by another 50 bp this year. The dollar found support Monday on...

The dollar index (DXY00 ) on Thursday rose by +0.41% and posted at a 1.5-week high. The dollar garnered support from hawkish Fed comments. Kansas City Fed President Jeffrey Schmid said “modestly restrictive” monetary policy is still appropriate due to inflation risks. Meanwhile, Cleveland Fed President Beth Hammack said she...

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.14%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.33%. September E-mini S&P futures (ESU25 ) are up +0.14%, and September E-mini Nasdaq futures...

The dollar index (DXY00 ) on Monday rose by +0.24% and posted a new 2.5-week high. The dollar moved higher as President Trump's threats to impose 30% tariffs on goods from the European Union (EU) and Mexico, beginning August 1, risk stoking inflation pressures that could keep the Fed from...

The S&P 500 Index ($SPX ) (SPY ) today is up +0.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.43%. September E-mini S&P futures (ESU25 ) are up +0.17%, and September E-mini Nasdaq futures...

The dollar index (DXY00 ) today is up by +0.07%, and posted a new 2.5-week high. The dollar moved higher due to a slump in stocks, which boosted some liquidity demand for the dollar. Also, President Trump's threats to impose 30% tariffs on goods from the European Union (EU) and...

The S&P 500 Index ($SPX ) (SPY ) today is down -0.21%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.22%. September E-mini S&P futures (ESU25 ) are down -0.21%, and September E-mini Nasdaq futures...

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.99%. June E-mini S&P futures (ESM25 ) are up +1.04%, and June E-mini Nasdaq futures...

The dollar index (DXY00 ) Friday rose by +0.44%. The dollar moved higher Friday on the heels of a better-than-expected US May payroll report, easing concerns that the US labor market was cooling. Also, hawkish comments on Friday from Cleveland Fed President Hammack boosted the dollar when she said she'd...