Cleveland Fed President Beth Hammack, a voting member this year, said policy may not be restrictive enough to bring inflation to 2%.
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Hammack Says Fed May Need to Respond if Inflation Persists
Canada Services Activity Grows Slightly in May
Activity in Canada’s services industry picked up slightly last month despite a fall in new business and ongoing economic uncertainty. Source link
President Trump told his new Fed chair, Kevin Warsh, to ignore the political pressure during his swearing-in ceremony—and then the president laid out what he’d like to see
President Trump encouraged the new Fed chair to operate independently. Then, he signaled what he’d like to see. Source link
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