CORRECTION: Fed's Hammack Says Gradual Rate Hikes Less Disruptive To Economy And Financial System; Inflation Has Been Too High, Moving In Wrong Direction; It's Hard To See Dollar Losing Reserve Status
Monetary policy needs to move to restrictive stanceU.S. central bank's independence critical to get inflation to 2%U.S. dollar's status is owed to U.S. institutions, legal systemU.S. central bank has earned
A Federal Reserve leader says raising interest rates slowly hurts less than doing it fast. He also says the dollar stays strong because America has good laws and trusted institutions.
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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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