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Fed's Hammack: I'd Like To See Smaller, Steadier Movements In Rates

UTC

  • Fed Needs To Move Rates Higher To Get To Restrictive Rate Policy
  • Doesn't Believe Fed Is Behind Curve, If That Happens Would Consider More Aggressive Action
  • Smaller, Steadier Rate Increases Give Economy Time To Adjust
  • Recent Inflation Data Has Shown Broadening Price Pressures

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