MNI BRIEF: Fed’s Hammack-Not A Time To Be Preemptive

Apr-23 23:34By: Pedro Nicolaci da Costa
Federal Reserve

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The economic outlook is too uncertain for the Federal Reserve to make any near-term shifts in monetary policy, Cleveland Fed President Beth Hammack said Wednesday. "This is not a good time to be preemptive," Hammack said. "This is a good time to sit...