Hammack: No Rate Hike Needed, Despite High Inflation
Update: 2025-11-06
Description
Cleveland Federal Reserve President Beth Hammack shared her views on interest rates and inflation, stating she doesnt believe rates need to rise now despite high inflation. She emphasized maintaining a slightly restrictive policy, balancing inflation control and job market softening. Hammack might change her stance if labor market improves or inflation persists. Shes known for her assertive stance on inflation control.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
