--- title: "Federal Reserve's Hamak: Signals that the next step is a rate cut are misleading." type: "News" locale: "en" url: "https://longbridge.com/en/news/285570850.md" description: "Federal Reserve official Hamak indicated that the Fed's suggestion of an upcoming interest rate cut is misleading. He noted that high inflation is causing significant trade-offs for many, and excessive rate cuts could exacerbate inflation. The Fed aims to remain politically neutral, and he praised Powell's performance, expressing enthusiasm for Warsh's appointment as the new Fed chair." datetime: "2026-05-07T14:19:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285570850.md) - [en](https://longbridge.com/en/news/285570850.md) - [zh-HK](https://longbridge.com/zh-HK/news/285570850.md) --- # Federal Reserve's Hamak: Signals that the next step is a rate cut are misleading. Federal Reserve official Hamak stated that the Fed's signal that the next step would be an interest rate cut is misleading. High inflation is forcing more people to make trade-offs, and interest rate cuts exceeding a reasonable range would push up inflation. The Fed is trying to maintain political neutrality, and Powell has performed exceptionally well at the Fed. He expressed "excitement" at the appointment of Warsh as the new Fed chair. (Jinshi) ## Related News & Research - [INSTANT VIEW-SpaceX files long awaited IPO, creating a fresh AI play](https://longbridge.com/en/news/287124128.md) - [Why Is Oklo Stock Surging On Wednesday?](https://longbridge.com/en/news/287096677.md) - [Micron's stock gets a boost. Are Samsung's problems helping?](https://longbridge.com/en/news/287092903.md) - [Go Big or Go Home? Top Investor Weighs In On Cerebras Systems Stock](https://longbridge.com/en/news/287032625.md) - [Inside The AI Chip Crunch: Intel Pressures PC Makers To Upgrade Fast](https://longbridge.com/en/news/287068550.md)