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2026-10-13

Federal Reserve Governor Hammack said his estimate of the neutral interest rate is on the high side among FOMC participants.

Federal Reserve Governor Hammack said his estimate of the neutral interest rate is on the high side among FOMC participants.
2026-10-13

Federal Reserve's Hamak: My expectations for the neutral interest rate are on the higher end of the FOMC's range.

Federal Reserve's Hamak: My expectations for the neutral interest rate are on the higher end of the FOMC's range.
2026-10-13

Fed's Hammack said low-income workers had previously mainly reported “trading down” consumption; now they are beginning to have to choose between paying different bills.

Fed's Hammack said low-income workers had previously mainly reported “trading down” consumption; now they are beginning to have to choose between paying different bills.
2026-10-13

Federal Reserve's Hamack: Low-income workers previously mainly reflected "downgrading consumption," but now they are beginning to have to make trade-offs among various bills.

Federal Reserve's Hamack: Low-income workers previously mainly reflected "downgrading consumption," but now they are beginning to have to make trade-offs among various bills.
2026-10-13

Federal Reserve's Hammack says policymakers should exercise greater restraint; if monetary policy takes no action, market conditions will change.

Federal Reserve's Hammack says policymakers should exercise greater restraint; if monetary policy takes no action, market conditions will change.
2026-10-13

Federal Reserve's Hamack: More restraint is needed; if monetary policy does not take any action, the market environment will change.

Federal Reserve's Hamack: More restraint is needed; if monetary policy does not take any action, the market environment will change.
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