Fed’s Hammack sees need to hold rates steady for some time

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Federal Reserve Bank of Cleveland President Beth Hammack said on Tuesday the need to get inflation back to target will keep monetary policy on pause for now. “Given current economic conditions, it will likely be appropriate to hold the funds rate steady for some time,” Hammack said in the text of a...

https://www.hellenicshippingnews.com/feds-hammack-sees-need-to-hold-rates-steady-for-some-time/

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