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Fed’s Hammack Says ‘Some Number’ of Rate Hikes May Be Needed

Federal Reserve Bank of Cleveland President Beth Hammack said it’s possible a number of interest rate hikes may be needed to bring inflation down to the central bank’s 2% target, but she does not want to prejudge what the end point will be.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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Test Your ETF Knowledge In Our IQ Test

Bloomberg's Isabelle Lee puts Eric Balchunas, Jon Maier, chief ETF strategist for JPMorgan Asset Management, and Mayuranki De, vice president of ETF trade strategy at Raymond James, to the test on…

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