Fed’s Beth Hammack Sounds Alarm: A Slip in Inflation Expectations May Force Sharper Rate Hikes

Fed’s Beth Hammack Sounds Alarm: A Slip in Inflation Expectations May Force Sharper Rate Hikes

Cleveland Fed President Beth Hammack warns that any deterioration in inflation expectations could force the central bank to tighten policy more aggressively than otherwise needed. Recent hot CPI data and signs of broadening pressures underscore her concern as the FOMC prepares for its late-October meeting.

Fed's Hammack warns inflation expectations deterioration could require Fed response

Can Bitcoin Price Defend $80K as Fed's Hammack Warns of More Aggressive Action on Inflation?

Can Bitcoin Price Defend $80K as Fed's Hammack Warns of More Aggressive Action on Inflation?

Fed's Hammack Warns Inflation Expectations Could Force More Aggressive Rate Hikes - ActionForex

Cleveland Fed President Beth Hammack warned that a deterioration in public inflation expectations could force the Fed to raise interest rates more aggressively to restore price stability. Speaking at a Goldman Sachs event in New York on Thursday, Hammack expressed concern that persistent price pressures could become embedded in public expectations, making inflation harder to […]