Fed’s Hammack Says Rate Cuts May Prolong Inflation, Boost Risks

BloombergThursday, November 20, 2025 at 1:45:00 PM
Fed’s Hammack Says Rate Cuts May Prolong Inflation, Boost Risks
  • Beth Hammack, President of the Federal Reserve Bank of Cleveland, indicated that interest rate cuts aimed at supporting the labor market may inadvertently extend the duration of inflation exceeding target levels and increase financial stability risks.
  • This development is significant as it highlights the delicate balance the Federal Reserve must maintain between fostering employment and controlling inflation, suggesting that rate cuts could have unintended negative consequences for the economy.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended apps based on your readingExplore all apps
Continue Readings
FedEx makes harsh decision ahead of holiday season
NegativeFinancial Markets
FedEx has announced significant layoffs ahead of the holiday season, reflecting a broader trend of job insecurity in the U.S. labor market, as evidenced by the issuance of WARN notices affecting 39,006 workers in October, according to the Federal Reserve Bank of Cleveland.