Hammack has been hawkish for awhile and she’s a voter in 2026. It doesn’t sound like she will be supporting a cut any time soon.
- Easing mon pol now may encourage financial risk taking
- Risk management rate cuts could increase financial stability risks
- Cutting rates now could distort market pricing levels
- Banks are well-capitalized right now
- Household finances are in good shape
This article was written by Adam Button at investinglive.com.