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FED: Hammack Pushes More Work To Do Message

FED

Cleveland Fed’s Hammack (’24 voter) has offered more extensive comments than expected considering they were only down as “welcome remarks”, in her first meaningful appearance since she assumed her position as Cleveland Fed President. 

A “more work to do” message is evident, offering similar traits to her predecessor when in office although Mester sounded a little more dovish in remarks she made to MNI after she left the post (see Mester's Oct 15 interview on more cuts needed before fine tuning around neutral here).

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Cleveland Fed’s Hammack (’24 voter) has offered more extensive comments than expected considering they were only down as “welcome remarks”, in her first meaningful appearance since she assumed her position as Cleveland Fed President. 

A “more work to do” message is evident, offering similar traits to her predecessor when in office although Mester sounded a little more dovish in remarks she made to MNI after she left the post (see Mester's Oct 15 interview on more cuts needed before fine tuning around neutral here).

Keep reading...Show less