Fed's Hammack: Fed likely to hold rates steady 'for some time' ...Middle East

Further easing in inflation is far from certain and upside risks aboundEasing inflation has been uneven and has slowedSeeks evidence inflation is moving to 2% before supporting more cutsPatient policy will also allow Fed to monitor jobs marketPolicy does not appear to be 'meaningfully restrictive'Broad financial conditions are accommodative right now

Hammack is a hawk but her comments here are mostly in line with what other officials at the Fed have been saying.

This article was written by Adam Button at www.forexlive.com.

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