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Live News CENTRAL_BANK ARTICLE L impact

Fed’s Hammack says restrictive financial conditions not seen

Fed official Hammack said he does not see restrictive financial conditions. He argued employment has been stable and in balance for the past 12 months, and that rate hikes may be needed rather than waiting.

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Employment Market Stable, In Balance For Past 12 Months It's Time For Fed To Act With Rate Hikes, Waiting Will Create Pain