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Fed rate cut dissenter, Beth Hammack, says 'there is more work to do on inflation'

Yahoo Finance
Summary
Nutrition label

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.

VR Score

89

Informative language

94

Neutral language

71

Article tone

semi-formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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