President-elect Donald Trump has created a headache for the Federal Reserve before he's even stepped into office. Inflation, part of the Fed's dual mandate of maintaining price stability with maximum employment,

Tariffs are a wild-card for inflation this year, but it is too soon to say what any changes will mean for the Federal Reserve, said central-bank newcomer Beth Hammack. In an interview, the Cleveland F

Federal Reserve Bank of Cleveland President Beth Hammack said in an interview published in the Wall Street Journal on Friday that inflation remained a problem.