Summary
- Beth Hammack, president of the Federal Reserve Bank of Cleveland, said it is time for the Fed to raise interest rates.
- She said waiting would only bring more pain.
- Walter Bloomberg carried Hammack's remarks on the matter.
Beth Hammack, president of the Federal Reserve Bank of Cleveland, said it is time for the Federal Reserve to raise interest rates and that waiting would only bring more pain, Walter Bloomberg reported on August 28.
Uk Jin
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