Fed’s Hammack calls for patience in assessing what impacts tariffs will have on the economy

Fed’s Hammack calls for patience in assessing what impacts tariffs will have on the economy


Key Points
  • In her first broadcast interview since taking the reins at the Cleveland Fed, Hammack noted the high level of uncertainty now and did not commit to a specific course of action regarding interest rates.
  • A former Goldman Sachs executive, Hammack said she is sensitive to market movements but only in how they affect broader economic conditions.



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