Fed’s Hammack says rates not restraining economy much, inflation too high in World Economy News 13/02/2026 Cleveland Federal Reserve President Beth Hammack said Wednesday that interest rates are not putting much restraint on the U.S. economy, while noting that inflation remains too high. Speaking at an event in Columbus, Ohio, Hammack observed that the labor market appears to be stabilizing and finding a healthy balance. Despite her concerns about inflation, Hammack indicated that the Federal Reserve should maintain its current policy stance. “Right now, I think Fed should stay on hold here,” she said. Hammack also pointed out that consumer spending continues to hold up, though it is primarily being driven by higher-income households. Her comments come as policymakers weigh economic data to determine the appropriate timing for potential interest rate adjustments. Source: Investing.com 2026-02-13 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share