Fed’s Hammack urges caution on rate cuts to avoid overheating economy
NeutralFinancial Markets

Federal Reserve official Michelle Hammack has emphasized the need for caution regarding potential interest rate cuts, warning that premature reductions could lead to an overheating economy. This statement is significant as it highlights the delicate balance the Fed must maintain to ensure economic stability while managing inflation. Hammack's insights reflect ongoing concerns about the impact of monetary policy on growth and inflation, making it a critical topic for investors and policymakers alike.
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