The projections are a snapshot of individual committee members' best guesses on the future of unemployment, inflation and ...
The Federal Reserve cut interest rates by 25 basis points on Wednesday, with the central bank expected to move more slowly in ...
We’re closer to the neutral rate, which is another reason to be cautious about further moves," said Fed Chair Jerome Powell.
A lawsuit was filed against the Federal Reserve on Tuesday about the stress test and its lack of transparency.
U.S. stocks sank to their second-worst loss of the year after the Federal Reserve signaled it may deliver fewer interest ...
"My priority for the first 100 days that I've been here has really been to get to know the people in the bank, to get to understand all of our different business lines and to get to know the region.
Cleveland Federal Reserve President Beth Hammack cast the one dissenting vote against lowering the central bank's influential federal funds rate this week. She argued that a strong labor market ...
It might take a year or two from here." Beth Hammack, president of the Federal Reserve Bank of Cleveland, dissented from Wednesday's Fed decision because she preferred to keep rates unchanged.
Not all 19 policymakers have a vote at each meeting. One — Beth Hammack, head of the Federal Reserve Bank of Cleveland — voted against the rate cut because she favored keeping rates unchanged.
The Federal Open Market Committee voted 11-1 on Wednesday, Dec. 18, to cut the federal funds rate to a range of 4.25%-4.5%.