Fed’s Hammack says inflation remains a problem, WSJ reports

01/17/2025

Less than a minute

2025.01.17 05:54

© Reuters. FILE PHOTO: Beth Hammack, who started her job as president of the Federal Reserve Bank of Cleveland on August 21, 2024, heads into the Kansas City Fed's annual economic symposium in Jackson Hole, Wyoming, U.S., August 22, 2024. REUTERS/Ann Saphir/File Photo

(Reuters) – Federal Reserve Bank of Cleveland President Beth Hammack said in an interview published in the Wall Street Journal on Friday that inflation remained a problem.

“We still have an inflation problem. We still have a rate-of-change problem that we need to address,” Hammack told the Journal.

01/17/2025

Less than a minute

Bitcoin (BTC) $ 96,176.77 2.13%

Ethereum (ETH) $ 2,684.43 2.57%

XRP (XRP) $ 2.57 3.72%

Tether (USDT) $ 1.00 0.04%

BNB (BNB) $ 655.35 0.28%

Solana (SOL) $ 171.94 2.77%

USDC (USDC) $ 1.00 0.01%

Dogecoin (DOGE) $ 0.243437 4.35%

Cardano (ADA) $ 0.760863 5.20%

Lido Staked Ether (STETH) $ 2,680.52 2.58%

TRON (TRX) $ 0.237772 4.39%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 96,063.74 2.03%

Chainlink (LINK) $ 17.44 5.08%

Wrapped stETH (WSTETH) $ 3,203.42 2.67%

Avalanche (AVAX) $ 24.94 1.87%

Sui (SUI) $ 3.33 4.04%

Stellar (XLM) $ 0.326541 3.92%

Litecoin (LTC) $ 127.26 5.18%

the-open-network

Toncoin (TON) $ 3.66 1.61%

Shiba Inu (SHIB) $ 0.000015 2.50%

LEO Token (LEO) $ 9.73 0.32%

hedera-hashgraph

Hedera (HBAR) $ 0.214276 3.39%

USDS (USDS) $ 0.999975 0.28%

Hyperliquid (HYPE) $ 24.29 2.58%

Polkadot (DOT) $ 5.09 0.14%

WETH (WETH) $ 2,685.20 2.50%

MANTRA (OM) $ 7.63 0.45%

Bitcoin Cash (BCH) $ 317.04 3.55%

Bitget Token (BGB) $ 5.00 7.64%

Ethena USDe (USDE) $ 0.998395 0.18%

Wrapped eETH (WEETH) $ 2,846.81 2.48%

Uniswap (UNI) $ 8.79 5.50%

Monero (XMR) $ 233.17 0.78%

NEAR Protocol (NEAR) $ 3.47 1.95%

WhiteBIT Coin (WBT) $ 27.36 0.53%

Pepe (PEPE) $ 0.000009 4.99%

Aave (AAVE) $ 242.48 7.34%

Ondo (ONDO) $ 1.15 6.86%

Bittensor (TAO) $ 425.80 9.26%

Aptos (APT) $ 6.01 6.03%

Dai (DAI) $ 0.999911 0.01%

internet-computer

Internet Computer (ICP) $ 7.05 2.80%

Official Trump (TRUMP) $ 16.15 3.74%

Mantle (MNT) $ 0.925736 10.56%

Ethereum Classic (ETC) $ 20.37 3.17%

tokenize-xchange

Tokenize Xchange (TKX) $ 36.96 1.42%

OKB (OKB) $ 48.98 0.73%

gatechain-token

Gate (GT) $ 23.13 0.09%

sUSDS (SUSDS) $ 1.04 0.12%

Sonic (prev. FTM) (S) $ 0.876234 4.41%