Fed's Hammack says current rate not meaningfully restricting economy, would need rate hikes
Federal Reserve official Beth Hammack stated that the current rate is not meaningfully restricting the economy and that she would probably need 'some number' of rate hikes. Hammack was one of three FOMC members who dissented from the July decision to hold rates.
Detected & updated continuously · Source: Nebula
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🚨 FED'S HAMMACK: CURRENT RATE NOT MEANINGFULLY RESTRICTING THE ECONOMY
@blckchaindaily
🚨 FED'S HAMMACK SAYS SHE WOULD PROBABLY NEED "SOME NUMBER" OF RATE HIKES
@ttvresearch
FED SPEAK IS IN FULL SWING! The market has already begun to digest comments from Fed's Hammack, who was set to begin at 3:00 PM ET! Hammack was one of three voting members - along with Fed's Kashkari and Fed's Logan - who dissented from the FOMC's decision to hold rates in July