Business · Economy · 3 hrs ago

Fed’s Hammack hopes to cool demand and inflation without job market pain

Fed’s Hammack hopes to cool demand and inflation without job market pain

Federal Reserve official Hammack spoke about slowing demand and inflation.

She hopes to do this without causing pain in the job market.

The goal involves balancing lower inflation with protecting employment.

The available information does not say what steps she supports.

It gives no details about the state of inflation or employment.

It also does not say what the Federal Reserve will do next.

Sources

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