Cleveland Fed’s Beth Hammack on interest rates, inflation and tariffs

Federal Reserve Bank of Cleveland President Beth Hammack attends the Federal Reserve Bank of Kansas City’s 2025 Jackson Hole Economic Policy Symposium, “Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy”, in Jackson Hole, Wyoming, U.S., August 21, 2025. Jim Urquhart | Reuters Cleveland Federal Reserve President Beth Hammack on Monday said the U.S. central…

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Wealth effect stock market recession

Traders work on the floor at the New York Stock Exchange in New York City, U.S., Sept. 17, 2025. Brendan McDermid | Reuters Stock market growth that seems impervious to tariffs, politics and a moribund jobs picture is in turn powering consumer spending and putting a floor under an economy that many expected to be…

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Miran says he doesn’t see tariffs causing inflation, putting him in minority on Fed committee

Federal Reserve Governor Stephen Miran said Friday that he doesn’t anticipate President Donald Trump’s tariffs will have an inflationary effect on the U.S. economy. “I’m clearly in the minority in not being concerned about inflation from tariffs,” he said on CNBC’s “Money Movers.” “But that was also true in 2018-2019, and I think I probably…

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10-year Treasury yield hits 2-week high

Traders work on the floor of the New York Stock Exchange on August 11, 2025. NYSE U.S. Treasury yields rose on Friday as investors weighed the state of the U.S. economy and future monetary policy after the Federal Reserve on Wednesday cut interest rates for the first time this year. The 10-year Treasury note yield gained more…

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Nikkei 225, Kospi, Bank of Japan

People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Japan’s benchmark Nikkei 225 index rose 1.19% to another fresh record high for a second consecutive day, ahead of the Bank of Japan’s rate decision. The central bank is slated to conclude its two-day policy meeting, where it is widely expected to…

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