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FOMC Officials Release Statements on Dissents

Two Federal Reserve officials who dissented against this week’s decision to hold interest rates steady warned that waiting too long to act against inflation could risk the need for even more aggressive policy later. Cleveland Fed President Beth Hammack and Minneapolis Fed President Neel Kashkari pointed to the various supply shocks helping drive up inflation right now. Bloomberg's Michael McKee breaks down the situation. (Source: Bloomberg)

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BloombergLean L·2h ago
FOMC Officials Release Statements on Dissents
Two Federal Reserve officials who dissented against this week’s decision to hold interest rates steady warned that waiting too long to act against inflation could risk the need for even more aggressive policy later. Cleveland Fed President Beth Hammack and Minneapolis Fed President Neel Kashkari pointed to the various supply shocks helping drive up inflation right now. Bloomberg's Michael McKee breaks down the situation. (Source: Bloomberg)
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FOMC Officials Release Statements on Dissents

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