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Fed’s Hammack: 'Not obvious' U.S. Central bank should cut interest rates again given inflation
FED’S HAMMACK: 'NOT OBVIOUS' U.S. CENTRAL BANK SHOULD CUT INTEREST RATES AGAIN GIVEN INFLATION Added at 11:02am
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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)
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From finance.yahoo.com | Nov 6, 2025
Cleveland Fed president Beth Hammack doubled down Thursday on her concerns about inflation, saying that it’s not obvious the central bank should cut rates further. “I remain concerned about high inflation and believe policy should be leaning against it,” Hammack said at the Economic Club of New York. “After last week’s meeting, I see monetary policy as ...
FED'S HAMMACK: 'A LITTLE BIT NERVOUS' ABOUT CURRENT POLICY GIVEN INFLATION FED'S HAMMACK: I WOULD NOT WANT TO CUT RATES INTO ACCOMMODATIVE TERRITORY
Fed's Barr: Progress has been made on inflation, but there is still work to do. FED'S BARR SAYS HE SEES TWO-SPEED ECONOMY WITH WEALTHIER HOUSEHOLDS THRIVING FED'S BARR SAYS FED MUST PAY ATTENTION TO ENSURING JOB MARKET SOLID
