Fed's Hammack Eyes Tighter Policy if Inflation Doesn't Abate
Beth Hammack said the Fed may need to act again if inflation keeps rising, while markets expect a rate increase at the next meeting.
9 Articles
9 Articles
Head of the US CB, however, acknowledged the increasing risks of a monetary policy restriction if the current inflation scenario remains longer
Fed's Hammack says rates may need to rise if rising inflation does ...
Hammack Warns Fed May Need to Act Soon as Inflation Moves Higher - ActionForex
Federal Reserve Bank of Cleveland President Beth Hammack delivered one of the more hawkish messages from a Fed official in recent weeks, warning that inflation risks are becoming increasingly difficult to ignore. While she stopped short of advocating an immediate rate hike, Hammack said the central bank may need to respond if current inflation trends […] The post Hammack Warns Fed May Need to Act Soon as Inflation Moves Higher appeared first on …
Cleveland Fed's Hammack Signals Potential Early Action If Inflation Persists
BitcoinWorld Cleveland Fed’s Hammack Signals Potential Early Action if Inflation Persists Cleveland Federal Reserve Bank President Beth Hammack indicated Wednesday that the U.S. central bank may need to adjust monetary policy sooner than anticipated if inflation fails to show sustained signs of slowing. Speaking at an economic forum in Cleveland, Hammack stressed that the Fed remains data-dependent and prepared to act decisively should price pr…
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