Hammack, Fed

Fed's Hammack says rates likely on hold for some time
Federal Reserve Bank of Cleveland President Beth Hammack said on Thursday she expects U.S. central bank interest rate policy is on hold for the time being amid a hunt for evidence that inflation pressures are easing back to the 2% target.
Cleveland Fed’s Hammack Advocates Patience on Further Cuts
Federal Reserve Bank of Cleveland President Beth Hammack says the Fed should continue to be cautious with further interest-rate cuts amid slower recent progress getting inflation back to the central bank’s 2% target.
Fed’s Hammack Says Rates on Hold, Not Meaningfully Restrictive
Federal Reserve Bank of Cleveland President Beth Hammack said interest rates are not “meaningfully restrictive” and should be held steady for some time as officials wait for evidence inflation is returning to their 2% target.
Cleveland Fed's Hammack looking for more progress on inflation
Cleveland Fed President Beth Hammack endorses a patient approach in assessing further Federal Open Market Committee policy adjustments. "A patient approach will allow us time to monitor the trajectories for the labor market and inflation and how the economy in general is performing in the current rate environment,
Fed's Hammack: '2% Inflation Is Not In Sight'
The Fed plans to maintain interest rates as they monitor inflation and job market. Policymakers remain cautious due to economic uncertainties.
Key US inflation metric slows as Fed signals hold on interest rate cuts
The US Federal Reserve's preferred inflation metric slowed last month, as officials suggest they are content to keep interest rates steady amid policy uncertainty. The Personal Consumption Expenditures (PCE) Price Index rose 0.
Fed's Hammack eyes steady balance sheet cuts amid US government financial uncertainty
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Cleveland President Beth Hammack reckons the U.S. central ...
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Small inflation uptick leaves Fed waiting for signal to move
The Federal Reserve's preferred inflation index showed little progress toward its target of 2%, increasing the likelihood of ...
Fed's Hammack Says Policy Likely Near Neutral
The Fed's 2024 rate cuts, as well a possible rise in the neutral interest rate, could mean that the Fed's policy setting might not be doing much to restrain the economy anymore, Cleveland Fed ...
The Fed should continue slow balance sheet runoff, Hammack says
The Federal Reserve should keep shrinking its balance sheet, albeit slowly, through a period of fiscal uncertainty, Cleveland ...
Inflation, growth may be in conflict but Fed seen restarting cuts in June
New data may point to emerging tension between the U.S. Federal Reserve's dual inflation and employment goals, as price ...