Fed Officials - Truenewj

Should the Federal Reserve pay more attention to inflation? At least three central bankers believe so

amefika7 months ago04 mins

Desiree Ríos/Bloomberg via Getty Images Beth Hammack, president and CEO of the Federal Reserve Bank of Cleveland, was one Fed official who said she did not support the decision to cut rates. Three Federal Reserve officials said Friday that they disagreed with the Fed’s decision to cut the central bank’s key interest rate by a…

Wall Street set for subdued start amid rising Middle East tensions

amefika7 months ago03 mins

Wall Street’s primary indices are set for a cautious start on Tuesday, as concerns grow over escalating tensions in the Middle East. Additionally, US Treasury yields have declined following dovish comments from Federal Reserve officials overnight. Key figures within the Federal Reserve have suggested that rising long-term U.S. Treasury yields could deter the central bank…