Fed's Hammack calls for immediate rate hike, citing inflation and leverage in Treasuries

Federal Reserve Governor Beth Hammack publicly called for an immediate rate hike, stating the Fed needs to act now and repeating the need to raise rates right now, citing persistent inflation and warning about leverage used to buy Treasuries. She also flagged private credit and AI as areas of financial stability concern.

Detected & updated continuously · Source: Nebula

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Beth HammackFederal ReserveinflationTreasuries

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