Fed’s Hammack says no longer appropriate to signal rate cut bias
By Michael S. Derby May 1 (Reuters) – Federal Reserve Bank of Cleveland President Beth Hammack said Friday she dissented against the central bank holding on to an easing bias this week due to uncertainty around the economic and inflation outlooks. “Uncertainty around the economic outlook has increased in 2026 and makes the future path for monetary policy more uncertain,” Hammack said in a statement. The official said she voted […]