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Bank of Cleveland
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- 1Fed official Hammack says rate hikes won't ease key inflation drivers●Hammack says Fed rate hikes are unlikely to mitigate key inflation drivers
Beth Hammack, president of the Federal Reserve Bank of Cleveland, said US interest rate hikes are unlikely to mitigate the main drivers of inflation. Her remarks suggest that current price pressures stem from factors monetary policy cannot readily address, feeding into ongoing debate about how far the Fed should go with further tightening.
- 2Fake Bank of Cleveland website flagged as phishing scam▼Possible Phishing 🎣 on: ⚠️hxxps[:]//se-bankofcleveland[.]weebly[.]com 🧬 Analysis at: https:// urldna.io/scan/6acad1b43b7
Security researchers are warning about a fraudulent website impersonating the Bank of Cleveland, hosted on a weebly.com subdomain. The suspicious link has been defanged and shared with a public URL analysis report so others can inspect its characteristics without risk. The alert circulates among cybersecurity communities tracking new phishing infrastructure targeting bank customers.
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The Federal Reserve Bank of Cleveland has published an explainer in its 'Ask Beth' series addressing whether the Federal Reserve is part of the US government. The piece walks through the Fed's unusual structure: it is often described as independent within government, with a Board of Governors appointed federally but regional reserve banks structured differently. The explainer aims to clarify a common point of confusion about central bank oversight and independence.