Fed’s Hammack Says Smaller, Frequent Rate Adjustments Preferable
Federal Reserve Bank of Cleveland President Beth Hammack said smaller, more frequent adjustments to policy can help inflation expectations remain anchored, but she stopped short of backing a rate increase this month.
<p>Federal Reserve Bank of Cleveland President Beth Hammack said smaller, more frequent adjustments to policy can help inflation expectations remain anchored, but she stopped short of backing a rate increase this month.</p>