Cleveland Fed President Beth Hammack explained why she voted against at this week's rate-setting meeting, saying that the interest rate should be kept stable until further progress is made in reducing inflation. Hammack said she believed that the interest rate was close to a neutral level that would neither drag down nor stimulate the economy, and suggested that it should remain high enough to moderately restrict economic activity for a period of time. In a statement released on Friday, Hammack wrote, 'Based on my estimation, the monetary policy is not far from a neutral stance, and I tend to keep the policy unchanged until we see further evidence that the inflation rate is falling back to our 2% target.'
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
投唯一反对票的美联储官员Hammack强调通胀担忧,称para politikası离中性不远
Cleveland Fed President Beth Hammack explained why she voted against at this week's rate-setting meeting, saying that the interest rate should be kept stable until further progress is made in reducing inflation. Hammack said she believed that the interest rate was close to a neutral level that would neither drag down nor stimulate the economy, and suggested that it should remain high enough to moderately restrict economic activity for a period of time. In a statement released on Friday, Hammack wrote, 'Based on my estimation, the monetary policy is not far from a neutral stance, and I tend to keep the policy unchanged until we see further evidence that the inflation rate is falling back to our 2% target.'