Federal Reserve Bank of Cleveland President Beth Hammack said it’s possible a number of interest rate hikes may be needed to bring inflation down to the central bank’s 2% target, but she does not want to prejudge what the end point will be.
Fed’s Hammack Says ‘Some Number’ of Rate Hikes May Be Needed
Federal Reserve Bank of Cleveland President Beth Hammack said it’s possible a number of interest rate hikes may be needed to bring inflation down to the central bank’s 2% target, but she does not want to prejudge what the end…
This article was originally published by
Bloomberg Markets
and is republished here under license.
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