Fed’s Hammack Says Inflation a Bigger Concern Than Labor Market

Federal Reserve Bank of Cleveland President Beth Hammack said monetary policy should continue putting downward pressure on inflation, which she says is too high and remains a bigger risk for the US ...

The Fed’s Recent Rate Decisions Have Been Divisive. It Is Likely to Get Worse.

The last three policy votes have featured some form of dissent, as officials grapple with how to weigh a softening labor ...

A Lone Dissenter: Cleveland Fed’s Hammack

The Fed’s policy committee was again divided over the best course of rate policy. Cleveland Fed President Beth Hammack, who took over the post this summer, dissented with the committee’s decision to ...