Fed's Hammack Says There Is More Restraint That Is Needed; If Monetary Policy Does Nothing Market Conditions Would Change; Comments From Low Income Workers Was First About Trading Down, Now They Are Beginning To Juggle What Bills To Pay
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Why It Matters
A Federal Reserve leader says the economy still needs more slowdown help. People with lower incomes are now struggling to pay their bills instead of just buying cheaper things.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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