CoinWorld news, on August 22 (UTC+8), Cleveland Federal Reserve President Beth Hammack stated in an interview in Wyoming that current data is insufficient to support a rate cut, and she would not support a rate cut if the FOMC meeting were to be held tomorrow. She pointed out that the U.S. inflation rate remains high and has been rising steadily over the past year, with the latest data only beginning to reflect the impact of tariffs, and its full effect may extend into next year. Despite two dovish dissenting votes in the last meeting, and frequent pressure from the Trump camp demanding a rate cut, as well as several potential Federal Reserve chair candidates calling for aggressive easing in the media (such as former St. Louis Fed President Jim Bullard advocating for a 100 basis point rate cut), Hammack's remarks indicate that Chairman Powell still firmly holds the hawkish leadership internally.