federal reserve | The Highland County Press

Headlines 7 December 2025

Cleveland Fed: Businesses report increasing prices, declining activity

Businesses in Ohio and surrounding states are seeing rising prices and declining activity in several sectors, the Federal Reserve Bank of Cleveland reported late last month. Some of that is attributable to massive import taxes imposed by President Donald Trump, the businesses said.

Headlines 23 December 2024

Fed drops its key rate but projects fewer cuts in 2025

The Federal Reserve signaled that it will move more slowly and cautiously next year as it considers further rate cuts.

Headlines 20 November 2024

Fed’s recent rate cuts could improve borrowing options for state and local government projects

The Federal Reserve’s second consecutive key rate cut could mean more than just lower borrowing costs for the average consumer — state and local governments stand to benefit, too.

In The News 7 November 2024

Federal Reserve issues statement after lowering interest rate by 1/4-point

The Federal Reserve issued the following statement Thursday.

Headlines 24 September 2024

The Fed says its long-awaited rate cut is apolitical, even close to the presidential election

The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election.

Headlines 22 March 2024

Federal Reserve declines to cut interest rates, saying it’s not clear inflation has slowed enough yet

The Federal Reserve declined Wednesday to cut interest rates, saying it remains uncertain inflation is slowing enough, but some economists warned the financial regulators risk waiting too long to make cuts.

Headlines 14 August 2023

Consumers seeing relief in some food prices as inflation continues to slow

Consumers are getting some relief from higher prices as core inflation, which excludes food and energy, continues to show signs of cooling — an encouraging sign for the U.S. economy, according to economists.

In The News 26 July 2023

Federal Reserve issues statement on raising interest rates

Recent indicators suggest that economic activity has been expanding at a moderate pace. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated.

Headlines 10 May 2023

Fed’s fault-finding on bank failures could lead to stronger regulations

New banking regulations proposed by federal watchdogs don’t go far enough in countering potential problems, but could help lower bank fees and calm financial markets and nerves, leading to a more stable financial system, according to some economists.