2025-12-22 12:09:10

Fed Cleveland Fed President Beth Hammack recently expressed her views on future monetary policy. With inflation still above the target and market data showing significant fluctuations, she believes there is no necessity to adjust the interest rate in the coming months.

It is worth noting that regarding the cooling of the November CPI, Hammack pointed out that this may have been "inflated" due to the impact of the government shutdown, meaning that the actual inflation level may be underestimated. She estimates that the real interest rate will be in the range of 2.9%-3.0%.

In this context, the Fed tends to maintain the policy interest rate at a level of 3.5%-3.75%. However, she also emphasized a prerequisite – that it is still too early to take action now before being able to more clearly assess the specific impact of the tariff policy on prices and the economy. This means that the market should not expect a significant shift in policy in the short term.

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SelfRugger

· 2025-12-23 10:51

Wait, how can the CPI data be so inflated? The government can even "pump" inflation during a shutdown, no wonder everyone doesn't trust the official data anymore. --- It's "too early", this set of rhetoric from the Fed is really annoying, when will it actually be the right time? --- The interest rate of 3.5%-3.75% continues to be nailed down, no chance in the short term, and we still need to see how the tariffs play out... really too many variables. --- The real inflation might be around 2.9%-3.0%? This tone sounds like it's looking for reasons to raise rates. --- So just wait and see, without new information, don’t expect rate cuts, I've figured out this logic. --- Hammack says there's no need for adjustment, but then says to wait for the tariffs to settle, doesn't that imply there might be action? --- Overestimated inflation... this rhetoric is quite something, anyway, no matter how you say it, it can be self-consistent. --- Keeping the interest rates unchanged means that US Treasuries still have to endure, how does this affect the crypto world, has anyone calculated it? --- Damn, we have to wait for several months, when will this life have an end?

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ETHmaxi_NoFilter

· 2025-12-22 12:32

Wait, CPI is overstated? Then the previous interest rate cut expectations are all in vain? --- Here we go again, the Fed loves this routine — wait and see, no action now. Why don’t you just say you’ll never act? --- Real inflation is 2.9-3.0%, uh... doesn’t sound so optimistic now --- Who dares to act before sorting out the tariff mess? The market is likely to be sideways in the short term again --- Hammack's logic is basically saying: inflation isn't as low as we claim, so we have to continue to defend the interest rate, got it? --- So essentially, it’s still hawkish, just packaged in a gentler way --- The government shutdown can even serve as a cover for inflation, this reasoning is incredible --- Maintaining 3.5-3.75, where's the promised soft landing?

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TrustlessMaximalist

· 2025-12-22 12:31

Wait a minute, is the CPI data inflated? Then the inflation we see now is actually even more intense. It seems we have to wait for the tariffs to take effect to see, the Fed's actions are really betting that Trump's policies can bring down inflation. Interest rates remain unchanged, anyone with a bit of sense knows there's nothing to expect in the short term. Real inflation is 2.9%-3.0%, this number sounds a lot more comfortable than what the official figures say, but it also indicates that the game is not over yet. The government shutdown can even be used as an excuse for CPI, the Fed really knows how to shift the blame. Maintaining the status quo is the easiest, after all, the tariff bomb hasn't exploded yet, just wait for it. Damn it, we have to endure a few more months to see which way the wind blows, this market life is unbearable.

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SmartContractPhobia

· 2025-12-22 12:29

Wait a minute, is the CPI number "overstated"? So our actual inflation is actually higher? I don't quite understand the Fed's logic here. We haven't figured out the tariffs issue yet, and we're already thinking about stabilizing policies, it feels like we're waiting for something. Hammack is right, we really shouldn't be in a hurry to act now. Who can explain to me how this 2.9%-3.0% is calculated... The Fed has really held steady this time, don't expect any surprises in the short term.

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consensus_failure