Fed’s Hammack opposes further rate cuts amid inflation concerns
NegativeFinancial Markets
Fed’s Hammack opposes further rate cuts amid inflation concerns
Federal Reserve official Michelle Hammack has expressed opposition to further interest rate cuts, citing ongoing inflation concerns. This stance is significant as it indicates a cautious approach to monetary policy, suggesting that the Fed is prioritizing price stability over economic stimulus. With inflation remaining a critical issue, Hammack's comments reflect the challenges policymakers face in balancing growth and stability.
— via World Pulse Now AI Editorial System







