Cleveland Fed President Beth Hammack says interest rates remain the central bank's clearest and most transparent policy tool for adjusting monetary policy. Speaking to Tom Keene, Lisa Abramowicz and Michael McKee on the sidelines of the Jackson Hole Economic Symposium, Hammack says policy makers "don't really know" how changes in the balance sheet will flow through the broader economy.

Cleveland Fed President Beth Hammack says interest rates remain the central bank's clearest and most transparent policy tool for adjusting monetary policy. Speaking to Tom Keene, Lisa Abramowicz and Michael McKee on the sidelines of the Jackson Hole Economic Symposium, Hammack says policy makers "don't really know" how changes in the balance sheet will flow through the broader economy.

Listen for top interviews from Bloomberg News. 

Hear conversations with the biggest names in finance, politics, technology, foreign relations, sports and entertainment.

Listen for top interviews from Bloomberg News. Hear conversations with the biggest names in finance, politics, technology, foreign relations, sports and entertainment.

Listen to top interviews from Bloomberg News.

Bloomberg Talks

Former Cleveland Fed President Beth Hammack Talks Interest Rates. 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/66cfa24e-0c8b-4a87-93e4-b4b400f4db22/transcript