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Fed's Hammack says there is still time before next policy move
Original: Fed’s Hammack tells PBS there’s still time to weigh next monetary policy move
Beth Hammack, president of the Federal Reserve Bank of Cleveland, said in remarks to PBS that policymakers still have time to weigh their next monetary policy move. Her comments come as markets watch closely for signals on the timing of further interest rate decisions, with officials stressing a data-dependent approach before committing to action.
Why now: Investors and the public are closely watching Federal Reserve officials for hints about the timing and direction of the next interest rate decision.
Beth HammackFederal ReserveCleveland FedPBS
Evidence
- Fed’s Hammack tells PBS there’s still time to weigh next monetary policy move · The Mighty 790 KFGO
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