Federal Reserve Hamak: Interest rate policy likely to remain unchanged for a considerable period of time
2025-06-24 13:28:33
2026 FOMC voting committee, Cleveland Federal Reserve President Hamak delivered a speech on monetary policy: There is no immediate reason to cut interest rates at this time, and tariffs have increased the uncertainty of the economic outlook. There is still some distance to achieve the inflation target of 2%, and interest rate policy is likely to remain unchanged for a considerable period of time as the Federal Reserve seeks clear guidance. (Golden Ten)
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