Fed's Hammack: Rate hikes are not in my base case

Odaily News Hammack of the Federal Reserve said that raising interest rates is not in my basic expectations. The extent of the impact of the 2024 interest rate hike on the economy is still unclear, and it may be close to the neutral interest rate. The economic and trade policies of US President Trump will be evaluated, and changes in the Federal Reserve system's stress test are expected to be seen in the coming months. (Jinshi)