Should the Fed Be Paying More Attention to Inflation? At Least Three Central Bankers Think So

Desiree Rios / Bloomberg via Getty Images Beth Hammack, president and chief executive officer of the Federal Reserve Bank of Cleveland, was one Fed official who said she did not support the decision to cut rates. Key Takeaways Three Fed officials said Friday they disagreed with the Fed's decision to cut the central bank's key interest rate by a quarter-point this week. The Fed cut interest rates to preserve the job market, and the diverging views reflect the difficulty of its dilemma as it pursues a du ...