Federal Reserve Hamak: Interest rates could be cut if growth slows and inflation eases, possibly even quickly
2025-04-16 16:19:39
Hamak said interest rates could be cut if growth slows and inflation eases, perhaps even quickly. The current restrictive monetary policy is necessary to reduce inflation, financial conditions have tightened, and it is better to slow down and respond correctly than to move too early. High inflation and slow growth will pose challenges to Fed policy.
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