
Fed's Hammack Expects Interest Rates to Remain on Hold
Cleveland Federal Reserve President Loretta Mester Hammack has indicated her baseline expectation that interest rates will remain on hold 'for a good while.' This suggests a period of stability in monetary policy.
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Fed’s Hammack Says Baseline Is Rates on Hold for a ‘Good While’ - Bloomberg.com
Fed’s Hammack Says Baseline Is Rates on Hold for a ‘Good While’ Bloomberg.com
Read full article →Cleveland Fed President Hammack expects interest rates to stay on hold 'for a good while'
The central bank official advocated a patient approach as officials watch incoming data for clues about where the U.S. economy is heading.
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