Cleveland Federal Reserve President Beth Hammack delivered a hawkish message Monday, suggesting the Federal Reserve may need to continue raising interest rates to bring inflation back to its 2% target. Why it matters: While Hammack did not explicitly endorse another ...
Federal Reserve officials offered a range of views on inflation and interest rates Thursday, setting the stage for Chair Kevin Warsh’s highly anticipated Jackson Hole speech on Friday. Why it matters: Inflation remains above the Fed’s 2% target, but policymakers ...