- Fed official Hammack stated the federal reserve is prepared to hold rates and is closely monitoring the economy. He indicated the current rate is near neutral and policy could remain on hold “for quite some time.” Hammack expressed cautious optimism regarding growth, anticipating inflation to ease but remain elevated. He noted tariff risks and warned inflation could persist near 3% this year. The job market is stable, and both sides of the Fed’s mandate are under pressure.
- Fed official Hammack stated the Fed is prepared to hold rates, indicating the current rate is near neutral and could remain on hold "for quite some time."
- Hammack expressed cautious optimism for growth, anticipating easing but elevated inflation, and noted tariff risks.
- Inflation could persist near 3% this year, while the job market is stable.
- The Fed is balancing its dual mandate, with both inflation and labor markets under pressure.
- Tariffs have pushed up consumer prices, creating uncertainty and hindering job growth.
Fed official Hammack stated the federal reserve is prepared to hold rates and is closely monitoring the economy. He indicated the current rate is near neutral and policy could remain on hold “for quite some time.” Hammack expressed cautious optimism regarding growth, anticipating inflation to ease but remain elevated. He noted tariff risks and warned inflation could persist near 3% this year. The job market is stable, and both sides of the Fed’s mandate are under pressure.
Feb 10, 2026, 5:03:54 PM UTC(7 hours ago)
Impact: MediumAffected Assets
Sources
From:@DeItaone
FED’S HAMMACK: FED READY TO HOLD RATES, WATCHING ECONOMY
Fed official Hammack says the current rate is near neutral, policy could stay on hold “for quite some time.” He’s cautiously optimistic on growth, expects inflation to ease but still too high, notes tariff risks, and warns inflation could stick near 3% this year. Job market stable; both sides of Fed’s mandate under pressure.
