Fed’s Hammack Says Pause in Rate Cuts Is Her Base Case for Now

Federal Reserve Bank of Cleveland President Beth Hammack said monetary policy is in a good place to pause and assess the effects of 75 basis points of rate cuts in...

By Maria Paula Mijares Torres, Jonnelle Marte · Bloomberg Markets

Federal Reserve Bank of Cleveland President Beth Hammack said monetary policy is in a good place to pause and assess the effects of 75 basis points of rate cuts in the economy during the first quarter.