News list for "Officer Hammack Weight"

Hamak, president of the Cleveland Fed, reiterated that she saw no reason to lower interest rates this month, with current data showing inflation remained above the Fed's 2 per cent target and continuing to rise. Ms Hamak said business leaders were feeling price pressure from suppliers. "Some of the pressure is tariff-related and some is not," she said. "Ms Hamak also said that if there is a threat to the Fed's independence, then low inflation is also at risk.

2025-09-04 20:03:27