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Fed’s Hammack: 'Not obvious' U.S. Central bank should cut interest rates again given inflation
— *Walter Bloomberg (@DeItaone) November 6, 2025
FED’S HAMMACK: 'NOT OBVIOUS' U.S. CENTRAL BANK SHOULD CUT INTEREST RATES AGAIN GIVEN INFLATION
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Fed's Hammack: It will take two to three years to get inflation back to 2%.
— FinancialJuice (@financialjuice) November 6, 2025
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FED'S HAMMACK: MONETARY POLICY IS 'ONLY BARELY RESTRICTIVE, IF AT ALL'
— *Walter Bloomberg (@DeItaone) November 6, 2025
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Balancing Act: The Dual Mandate on an Economic Tightrope
My thanks to the Economic Club of New York for inviting me to speak today and to Bill Dudley for moderating what I’m sure will be an engaging discussion. As many of you know, I lived and worked in New York for 30 years before moving to Cleveland to begin my new role at the Federal Reserve. I love Cleveland, and I love talking with friends and neighbors about all the great things to see and do in Northeast Ohio. But I have to chuckle when the topic turns to Cleveland traffic, which is nothing compared to the endless gridlock that I experienced in Manhattan—before congestion pricing kicked in, of course. Some of ... (full story)