Fed Rate Cut Disappoints Dissenter
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Federal ReserveYahoo Finance
•Fed rate cut dissenter, Beth Hammack, says 'there is more work to do on inflation'
79% Informative
The lone dissenter to the Fed 's rate cut this week said she voted against the move because “there is more work to do on inflation” Beth Hammack said her decision was a “close call” but that she believes “monetary policy will need to remain modestly restrictive for some time” The Cleveland Fed president said she prefers to hold policy steady.
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