Fed's Hammack: Fed policy not restrictive and inflation is too high - LinkedIn
Fed's Hammack: Fed policy not restrictive and inflation is too high - LinkedIn
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Fed's Hammack: Fed policy not restrictive and inflation is too high - LinkedIn
Fed’s Hammack says policy is not restrictive and inflation remains too high. Local contacts view it as time for the Fed to hike to control inflation.
The first half of 2026 saw the market shift from anticipation of rate cuts to a "higher-for-longer" stance, while navigating changes in Federal Reserve leadership and communication style. Still, what the market may not be fully discounting is the possibility of an outright rate hike. The CME FedWatch tool sees just ove
Treasury yields are jumpy heading into the second half of 2026, and Wall Street has good reason to be nervous. Yields capped a third consecutive quarterly rise on Tuesday, the last trading day of a first half that — despite severe geopolitical tensions and an energy crisis — ended on a surprisingly strong note. The S&P