Barr: Concerned that inflation still at 3%

Fed's Hammack: Financial conditions are ‘quite accommodative’ right now Fed's Hammack: Rate Cuts Risk Prolonging High Inflation, Could Also Encourage Financial Market Risk-Taking - Financial Conditions Right Now ‘Quite Accommodative’ - Stablecoins, Private Credit Merit Watching - Financial System And Household Finances In Good Shape, Banks Are Well… Hammack: Opening Remarks Good morning, and welcome to the Cleveland Fed’s 2025 Financial Stability Conference. After 13 years, this series has proven its value as the place to be for financial stability researchers, regulators, and practitioners. It was created at a time when the Global Financial Crisis was still fresh in our minds. Since then, many of you have contributed to a growing body of work identifying new vulnerabilities in the financial system and developing tools to counteract shocks that come our way. The pandemic shock—and the Fed’s robust and effective response—was a sharp reminder that when it comes to financial stability, you can never let your guard down. The Fed has a strong interest in financial stability, and not only because promoting it is one of our core functions. Financial stability supports our other objectives: fostering a safe and sound banking system, an efficient payments system, community development, and our monetary policy objectives of maximum employment and stable prices.

Existing-home sales increased by 1.2% in October, according to the National Association of REALTORS® Existing-Home Sales Report. The Report provides the real estate ecosystem, ...

This month's Flash CCI for the EU aggregate is computed on the basis of consumer survey data from 26 EU countries (all except Spain), covering 90.9% (EU) and 89.3% (euro area) of ...