U.S. News & World Report

Fed's Hammack Leans Against More Rate Cuts Because of High Inflation

NEW YORK (Reuters) -Cleveland Federal Reserve President Beth Hammack said on Thursday ongoing high levels of inflation argue against the U.S. central bank cutting interest rates again. "I remain ...

Cleveland Fed president warns rate hikes could be on the table 'if recent trends continue' with inflation

Cleveland Fed president Beth Hammack warned Tuesday that it may soon be time to raise interest rates because of concerns that rising prices could get entrenched. “For today, it’s reasonable to keep ...
Bloomberg on MSN

Fed may need to act soon on inflation, Hammack says

Federal Reserve Bank of Cleveland President Beth Hammack said it's reasonable to keep rates steady for now due to ...