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CNBC Business • Aug 22, 2025

Cleveland Fed's Hammack casts doubt on interest rate cuts amid inflation worries

Cleveland Fed’s Hammack expressed skepticism about reducing interest rates, citing ongoing inflation concerns as a reason for maintaining current monetary policy, which could influ...

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CoinDesk • Aug 21, 2025

Fed's Hammack Says 'No' to Rate Cut; Bitcoin Slips to Session Low Below $113K

The Cleveland Fed president indicated that current economic indicators do not justify reducing interest rates, which coincided with a decline in Bitcoin’s value to its lowest point...

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