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2025-12-12 22:58:06
[Cleveland Fed's Beth Hammark Hints at Disagreement with Rate Cut Decision] Cleveland Fed President Beth Hammark is not a voting member of the policy committee in 2025. However, in comments published in Cincinnati, she hinted at a disagreement with the committee's decision to cut interest rates this week. Hammark stated that the Fed's policy stance is likely close to neutral at present, neither stimulating nor inhibiting the economy. She said that given persistently high inflation, she would prefer a slightly more restrictive stance. Hammark will return to the policy voting committee in 2026, starting with the Fed's next meeting in January.
