Fed’s Hammack Prefers ‘Slightly More Restrictive’ Rates

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Federal Reserve Bank of Cleveland President Beth Hammack advocates for slightly more restrictive interest rates to combat persistent inflation, suggesting that current policy is near neutral. This stance indicates a continued focus on inflation control, which may influence market expectations regarding future rate hikes.

Market Impact

Market impact analysis based on bearish sentiment with 77% confidence.

Sentiment
Bearish
AI Confidence
77%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Federal Reserve Bank of Cleveland President Beth Hammack said policy at the moment is right around neutral, but she would prefer interest rates to be slightly more restrictive to keep putting pressure on inflation, which is still running too high. Hammack spoke Friday during an event in Cincinnati. (Source: Bloomberg)

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Original article published by Bloomberg on December 12, 2025.
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