WSJ

02 Jun 2026, 14:11 UTC · 2h ago

Hammack Says Fed May Need to Respond if Inflation Persists

Read original · https://www.wsj.com/economy/central-banking/hammack-says-fed-may-need-to-respond-if-inflation-persists-57e45fcb

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Cleveland Fed President Beth Hammack stated that current monetary policy may not be restrictive enough to reach the 2% inflation target. — This suggests a preference for keeping interest rates higher for longer, which typically pressures equities and increases bond yields.
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