Hammack: A Fourth District Groundhog in London’s Financial District

Hammack: A Fourth District Groundhog in London’s Financial District

From clevelandfed.org

Thanks to the organizers for inviting me to speak on this distinguished panel. I know that many of you in the audience are familiar with the Federal Reserve’s responsibility for setting monetary policy in the United States. Less well known is how the Federal Reserve System is structured to carry out all of its responsibilities to support the economy and financial system. So before I share my views on the outlook for the US economy, let me give you a brief Fed primer. As always, the views I express today are my own and not necessarily those of the Federal Reserve System or my colleagues on the Federal Open Market ... (full story)

Added at 8:18am

Fed's Hammack: i don't see any imminent case to cut interest rates.
— FinancialJuice (@financialjuice) June 24, 2025

Added at 8:18am

FED’S HAMMACK: RATE POLICY COULD BE ‘ON HOLD FOR QUITE SOME TIME’ AS FED SEEKS CLARITY
— *Walter Bloomberg (@DeItaone) June 24, 2025

Added at 8:19am

Fed's Hammack: I supported the Fed's decision to hold rates steady at the June FOMC.
— FinancialJuice (@financialjuice) June 24, 2025

Added at 8:19am

Fed's Hammack: Fed policy is modestly restrictive.
— FinancialJuice (@financialjuice) June 24, 2025

Jun 24, 2025 8:30am

Trader#2FDF

Jun 24, 2025 8:33am

Just let everything crash down hard ….. zZzzzz

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