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Cleveland Fed’s Hammack sees costs to larger-than-needed balance sheet
The central bank began shrinking its portfolio in 2022 to offload some of the assets it accumulated to support markets and the economy during the pandemic. The Fed’s balance sheet peaked at nearly $9 trillion in early 2022, and officials have since reduced holdings to about $6.7 trillion.
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Cleveland President Beth Hammack on Thursday called for ...
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Fed’s Beth Hammack Warns Trump’s Trade Turmoil Has Companies Rethinking Investment, Hiring PlansCleveland Federal Reserve President Beth Hammack said Thursday that businesses are delaying investment and hiring decisions ...
Federal Reserve Bank of Cleveland President Beth Hammack ruled out a May interest-rate cut but said the central bank could ...
In her first broadcast interview since taking the reins at the Cleveland Fed, Hammack noted the high level of uncertainty now and did not commit to a specific course of action regarding interest rates ...
Federal Reserve Bank of Cleveland President Beth Hammack said the central bank should not let fears of money-market shakiness ...
La presidenta del Banco de la Reserva Federal de Cleveland, Beth Hammack, descartó un recorte de tasas en mayo, pero señaló ...
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