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Fed’s Hammack tells PBS there’s still time to weigh next monetary policy move

Hammack said the 29,000-job gain and 4.2% unemployment rate fit a stable hiring pattern as officials weigh another rate increase.

Summary by WTVB
By Michael S. Derby Oct 2 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack said on Friday that the September US employment report fits with the recent ​trend of hiring, noting she has time before she ‌has to make a decision on what ...

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In the US, non-farm employment increased by 29,000 people in September, while the unemployment rate rose to 4.2%. Hammack noted that this is consistent with recent trends, with an average monthly increase of 41,000 jobs throughout last year...

The president of Cleveland Federal Reserve, Beth Hammack, said on Friday that ...

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WTVB broke the news on Friday, October 2, 2026.
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