Fed dissenters speak out: 'The next rate change could be either a cut or a hike'

Cleveland Fed president Beth Hammack said Friday that while she supported holding interest rates steady at this week's Fed ...

Economic uncertainty requires an open mind on monetary policy, Cleveland Fed's Hammack says

Uncertainty about the economic outlook translates to uncertainty in monetary policy, Cleveland Fed President Beth Hammack said Thursday at the Ohio CEO Summit. The Middle East conflict this year and ...
Fox Business

Fed official says interest rate hike possible as gas prices, inflation remain elevated

A Federal Reserve policymaker is warning that it could make sense to raise interest rates if inflation remains elevated above the Fed's 2% target amid uncertainty over the duration of the oil and gas ...

Fed's Beth Hammack explains her dissent over central bank's bias toward cutting rates

Cleveland Fed president Beth Hammack said Friday that while she supported holding interest rates steady at this week’s Fed ...
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Key Fed official sees possible rate hike amid higher gas prices, inflation concerns

WASHINGTON (AP) — A top Federal Reserve official said Monday that an interest rate hike could be appropriate if inflation remains persistently above the central bank's 2% target, the latest sign that ...