Fed’s Hammack says holding rates steady for months is her base case for now

Federal Reserve Bank of Cleveland President Beth Hammack said that monetary policy is in a good place to pause and assess the effects of 75 basis points (bps) of rate cuts in the economy during the first quarter, Bloomberg reported on Sunday.

Fed’s Hammack says holding rates steady for months is her base case for now
Federal Reserve Bank of Cleveland President Beth Hammack said that monetary policy is in a good place to pause and assess the effects of 75 basis points (bps) of rate cuts in the economy during the first quarter, Bloomberg reported on Sunday.

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