Fed's Hammack says recent inflation was as expected, sees neutral rate on higher side
Federal Reserve official Beth Hammack stated that the most recent inflation number was as expected, expressed concern that an inflationary mindset may be taking hold, and said she believes the neutral rate is on the higher side relative to other Fed officials. She also affirmed the Fed operates independently from the Treasury for its own goals.
Detected & updated continuously · Source: Nebula
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@blckchaindaily
🚨 FED'S HAMMACK: MOST RECENT INFLATION NUMBER WAS AS EXPECTED -CNBC
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🚨 FED'S HAMMACK: YOU RECOGNIZE NEUTRAL MONETARY POLICY WHEN YOU SEE IT
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🚨 FED'S HAMMACK: BELIEVES NEUTRAL RATE IS ON HIGHER SIDE RELATIVE TO OTHER FED OFFICIALS
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🚨 FED'S HAMMACK: CONCERNED INFLATIONARY MINDSET MAY BE TAKING HOLD
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🚨 FED'S HAMMACK: TREASURY HAS ITS OWN OBJECTIVES, FED OPERATES INDEPENDENTLY FOR ITS OWN GOALS
@ttvresearch
FED'S HAMMACK SPEAKS AT 10:00 AM ET! Reminder: Hammack was one of three voting members to dissent from the Fed's decision to hold rates during the July 2026 meeting. Hammack, Logan, and Kashkari all voted in favor of a 25bp rate hike. @tradertvlive $SPY $QQQ @federalreserve