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Fed's Hammack (2026 voter) says interest rates could remain on hold for extended period while economic data is assessed and flexibility will be maintained to raise rates if needed

This commentary from Fed's Hammack suggests a dovish stance, indicating that interest rates may not change for a substantial period while economic conditions are evaluated.

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Fed's Hammack (2026 voter) says interest rates could remain on hold for extended period while economic data is assessed and flexibility will be maintained to raise rates if needed

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Context

The emphasis on maintaining flexibility implies the Fed remains open to adjustments should data warrant it, likely influencing market expectations for future rate hikes and impacting USD valuations relative to other currencies.

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