Fed’s Beth Hammack says inflation hasn’t budged in years, rate cuts are risky

Cleveland Federal Reserve President Beth Hammack said on Monday that inflation in the United States has not moved for years, and cutting rates now could bring serious risks, according to her comments on CNBC’s Squawk Box Europe. Beth explained that the Fed has failed to meet its 2% inflation target for more than four-and-a-half years. […] source: https://www.cryptopolitan.com/feds-beth-hammack-says-rate-cuts-are-risky/