‘We Still Have an Inflation Problem.’ A Fed Newcomer
Wants to Go Slow on Rate Cuts.
Central bank’s recent infusion of financial-market
brawn includes Beth Hammack, who worked for three decades at Goldman Sachs
Hammack said she sees her job as trying to fuse the
analytical rigor of economic theory with the operational agility of market
practitioners and businesspeople. “You don’t want to be so married to the
ideology that you’re not looking at the actual things that are happening in the
world,” she said. “But you can’t just go by your gut. You have to have some
stars to guide you.”