Federal Reserve official Beth Hammack said a near-term interest rate hike may be appropriate if recent trends continue.
According to NS3.AI, Hammack said the labor market appears roughly balanced and that the unemployment rate remains at 4.3%.
Hammack also said it is reasonable to keep interest rates steady for now because the economic outlook remains uncertain.
Federal Reserve's Hammack Says Near-Term Rate Hike May Be Appropriate if Trends Continue
2026-06-05 15:29:13
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