BitcoinWorld Fed’s Hammack: Policy Restrictiveness Still Needed to Tame Inflation Federal Reserve Bank of Cleveland President Beth Hammack said on Tuesday that the U.S. central bank’s restrictive monetary policy stance remains necessary to bring inflation down to its 2% target, signaling that interest rates may stay higher for longer than markets expect. Hammack’s Stance on Policy Restrictiveness In remarks prepared for a conference in Columbus,…
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