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Fed's Hammack sees no need to hike rates to lower inflation at this time
Yahoo Finance·2025-11-07 05:32

By Michael S. Derby NEW YORK (Reuters) -Cleveland Federal Reserve President Beth Hammack said on Thursday she does not think the U.S. central bank needs to raise interest rates to combat inflation pressures she considers too ​high, while acknowledging how that view might change. Despite where inflation is, moving rates up is "not my base case right ‌now," Hammack said in a Reuters interview after a speech in which she reiterated her view that the Fed needs to keep monetary policy a touch tight to balance ...