President Hammack: "Explaining my reaction function is not a prediction for policy. It's describing how I expect policy to adjust as conditions change."
October 12, 2026
October 12, 2026
CLEVELAND, Ohio, Oct. 12 -- The Federal Reserve Bank of Cleveland issued the following news release:
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President Hammack: "Explaining my reaction function is not a prediction for policy. It's describing how I expect policy to adjust as conditions change."
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In a new speech, President Hammack described why she explains her reaction function and talked about what feeds into it. She also gave her views on the economy and monetar . . .
* * *
President Hammack: "Explaining my reaction function is not a prediction for policy. It's describing how I expect policy to adjust as conditions change."
*
In a new speech, President Hammack described why she explains her reaction function and talked about what feeds into it. She also gave her views on the economy and monetar . . .