One Fed rate hike may not get the job done, Hammack warns
‘Now is the time to act’ on inflation, Cleveland-based central banker declares The post One Fed rate hike may not get the job done, Hammack warns appeared first on Scotsman Guide .
‘Now is the time to act’ on inflation, Cleveland-based central banker declares The post One Fed rate hike may not get the job done, Hammack warns appeared first on Scotsman Guide .
BELLINGS Intelligence Score: 72
Why it matters
A Cleveland Fed official's warning that a single rate hike may be insufficient, combined with a July CPI report meeting forecasts but dimming the outlook for a September hike, signals a meaningful monetary-policy signal that could influence market expectations and credit conditions.
Sources
Scotsman Guide
One Fed rate hike may not get the job done, Hammack warns
‘Now is the time to act’ on inflation, Cleveland-based central banker declares The post One Fed rate hike may not get the job done, Hammack warns appeared first on Scotsman Guide .
Scotsman Guide
July CPI report meets forecasts, dims outlook for September rate hike
Lower gasoline prices tempered the impact of an uptick in shelter inflation The post July CPI report meets forecasts, dims outlook for September rate hike appeared first on Scotsman Guide .