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

Story subjects

Beth HammackFederal ReserveU.S. Department of the TreasuryNeel Kashkari

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