The effects of tariffs and price inflation will be more visible in the spring.

BY REUTERS

Beth Hammack, president and chief executive officer of the Federal Reserve Bank of Cleveland. Photo: Getty Images

Federal Reserve Bank of Cleveland President Beth Hammack said she saw no need to change U.S. interest rates for months ahead after the central bank cut borrowing costs at its last three meetings, the Wall Street Journal reported on Sunday.

Hammack opposed recent rate cuts as she is more worried about elevated inflation than the potential labor-market fragility that prompted officials to lower rates by a cumulative 75 basis points over the past few months, the report........

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