Friday, 10 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > Fed’s Hammack calls for patience in assessing what impacts tariffs will have on the economy
Economy

Fed’s Hammack calls for patience in assessing what impacts tariffs will have on the economy

Last updated: April 24, 2025 7:45 am
Share
Fed’s Hammack calls for patience in assessing what impacts tariffs will have on the economy
SHARE

Cleveland Fed President Beth Hammack recently spoke out about the need for patience when assessing the impact of tariffs on inflation and growth. In her first broadcast interview since assuming her role in August 2024, Hammack emphasized the importance of carefully evaluating the data before making any hasty decisions regarding interest rate policy.

“We need to be patient and ensure that we are moving in the right direction rather than rushing into any decisions,” Hammack told CNBC’s “Squawk Box.” She highlighted the current high level of uncertainty and the need to make informed decisions based on solid data.

The Fed is currently facing challenges in assessing the effects of President Donald Trump’s tariffs on inflation and employment. Hammack, along with other central bank officials, expressed concerns about how to balance the dual mandate of maintaining stable prices and maximizing employment opportunities.

Market expectations suggest that the Fed will maintain interest rates during its upcoming meeting on May 6-7, with potential rate cuts in June and possibly later in the year. While Hammack does not have a voting role on the Federal Open Market Committee this year, she will have the opportunity to vote on rate-setting decisions in 2026.

The uncertainty surrounding tariff policies and the Fed’s response has contributed to significant market volatility in recent months. Stocks have been struggling, Treasury yields have been rising, and the U.S. dollar has been weakening. Despite these market movements, Hammack emphasized that the Fed’s primary focus is on how these changes impact the broader economy rather than solely on market fluctuations.

See also  AppLovin Stock Rebound Could Be in Sight

Hammack acknowledged the challenges faced by businesses due to the uncertainty surrounding tariffs and its impact on investment and hiring decisions. While “hard” economic data such as unemployment and inflation remains positive, “soft” data such as surveys indicate heightened levels of concern among businesses.

As the Fed continues to navigate these challenges, Hammack emphasized the importance of staying focused on the real economy and ensuring that monetary policy decisions are based on sound data and analysis. While uncertainties remain, Hammack remains optimistic about the resilience of the economy and the potential for positive outcomes in the future.

TAGGED:AssessingCallsEconomyfedsHammackImpactspatienceTariffs
Share This Article
Twitter Email Copy Link Print
Previous Article See how the Hubble Space Telescope is still revolutionizing astronomy See how the Hubble Space Telescope is still revolutionizing astronomy
Next Article Soccer player Jackson Rodriguez’s wife and child kidnapped in Ecuador during home invasion Soccer player Jackson Rodriguez’s wife and child kidnapped in Ecuador during home invasion
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

What Determines Web App Development Cost? Insights You Need

Web app development costs can vary greatly depending on the complexity and features of the…

December 23, 2024

Far-left gun club professor placed on leave after radical group exposed

Dr. Dwayne Dixon, a faculty member at the University of North Carolina at Chapel Hill,…

September 29, 2025

Jimmy Kimmel’s Return Sets YouTube Record as His Most-Watched Monologue Ever

Jimmy Kimmel's Electrifying Return to ABC: A Cultural Phenomenon The much-anticipated return of “Jimmy Kimmel…

September 24, 2025

Ex-Catholic priest who served in 2 Louisiana governors’ admins accused of raping physically disabled, autistic child

A former Catholic priest who transitioned to administrative roles under two past governors of Louisiana…

September 29, 2025

Trump’s TOP 5 AMFEST Speech Moments |

The 2024 AmFest in Phoenix, Arizona was a momentous occasion as former President Donald Trump…

December 23, 2024

You Might Also Like

Trump raises China tariffs by 100% and threatens to scrap Xi meeting over export rules
World News

Trump raises China tariffs by 100% and threatens to scrap Xi meeting over export rules

October 10, 2025
This Analyst Just Hiked Their UnitedHealth Stock Price Target by 50%. Should You Buy UNH Now?
Economy

This Analyst Just Hiked Their UnitedHealth Stock Price Target by 50%. Should You Buy UNH Now?

October 10, 2025
Why Is Wolfspeed Stock Soaring Today?
Economy

Why Is Wolfspeed Stock Soaring Today?

October 10, 2025
When Godzilla Breaks Windows
Economy

When Godzilla Breaks Windows

October 10, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?