Mmastodon BusinessFinance first seen 13 h ago, last 2 h ago, peak #2
Cleveland Fed's Hammack Flags Fading Corporate Pricing Power
Original: When Companies Stop Driving a Hard Bargain, This Fed Official Starts Worrying https://www.wsj.com/finance/investing/beth
Beth Hammack, president of the Cleveland Fed, says she grows concerned when companies lose their ability to drive hard bargains, a sign that pricing power and inflation pressures may be weakening in ways that complicate the Federal Reserve's rate outlook. The Wall Street Journal interview is drawing attention among markets watchers weighing what her comments signal for future policy decisions.
Why now: Investors are closely parsing Fed officials' remarks for clues on the direction of interest rates.
Beth HammackFederal ReserveCleveland FedThe Wall Street Journal
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- When Companies Stop Driving a Hard Bargain, This Fed Official Starts Worrying https://www.wsj.com/finance/investing/beth-hammack-cleveland-fed-inflation-7751c731?mod=rss_markets_main # Finance # Economy # Markets · wsj_markets@robot.villas · 3
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