Cleveland Fed President Beth M. Hammack — a 2026 FOMC voter who dissented for +25 bp on Oct 28 — says policy must move to a restrictive stance via more frequent smaller adjustments.
Bullard base case: 25bp in December. 50bp a risk if inflation stays hot — his speculative case (Hays). RateWatch Dec hike 84.2% as of 8:35 AM ET. ADP +86k; NFP Friday.