Beth Hammack

Federal Reserve

Hammack Holds Hawkish Line: Cleveland Fed President Warns Against Rate Cuts Despite Mixed Jobs Report

Cleveland, OH – November 20, 2025 – Cleveland Federal Reserve President Beth Hammack delivered a stern warning today against further interest rate reductions, even as the delayed September 2025 jobs report presented a mixed picture of the U.S. labor market. Speaking at the Cleveland Fed's 2025 Financial Stability Conference,

monetary policy

Cleveland Fed President Hammack Sounds Alarm on Inflation, Pushes Back Against Further Rate Cuts

Cleveland Federal Reserve President Beth Hammack delivered a stark message to financial markets today, November 6, 2025, firmly arguing against any further reductions in interest rates. Her comments, made during a speech to the Economic Club of New York, underscore a persistent concern within the Federal Reserve regarding stubbornly high