Cleveland Fed President Hammack expects interest rates to stay on hold 'for a good while'
Cătălin Roșioru
Cleveland Federal Reserve President Beth Hammack said Wednesday that the central bank is weighing threats to both inflation and employment and should keep interest rates on hold as conditions evolve. In a live CNBC interview, the central bank official advocated a patient approach to monetary policy as officials watch incoming data for clues about where the U.S. economy is heading. "My baseline is that we're going to remain on hold for a good while, but I do think that there's two-sided risks to
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