US inflation increased by the most in eight months in December amid a surge in consumer spending, suggesting the Federal Reserve would probably be in no hurry to resume cutting interest rates soon.
Data from the Cleveland Fed indicates the one-year expected inflation rate has climbed by 40 basis points since October. The market's outlook for Fed rate cuts has also dimmed. The CME FedWatch ...
Former Federal Reserve adviser John Harold Rogers has been indicted on charges of economic espionage. Prosecutors allege Rogers shared confidential U.S. financial data with Chinese contacts posing ...
The Cleveland Clinic is the focus of a new ad campaign by a nonprofit organization that asks the question, "is the Cleveland Clinic the wokest hospital in America?" A mix of sleet and freezing ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...
CLEVELAND — Darius Garland's inclusion as an All-Star was, in a sense, an official acknowledgment of his return to prominence as one of the league's best guards after a nightmarish year and a ...
What’s remarkable is that the Federal Reserve hasn’t yet needed to get involved in any of them. Enjoy the calm while it lasts. I think it’s a good bet that what we are seeing is a rare ...
We have received text from H.R. 24: Federal Reserve Transparency Act of 2025. This bill was received on 2025-01-03, and currently has 44 cosponsors. Here is a short summary of the bill ...
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Former Cleveland Fed Pres. Loretta Mester: There's no urgency for the Fed to move rates downFormer Cleveland Fed President Loretta Mester joins 'Squawk Box' to discuss the Fed's interest rate decision, key takeaways from Fed Chair Powell's commentary, and more. DC plane crash live ...
A Cleveland startup's minimally invasive electrode system has attracted significant research funding. Neuronoff Inc., a Cleveland startup developing minimally invasive neuromodulation systems ...
WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to ...
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