Fed's Hammack says banking system is in good shape
ReutersFeb 10, 2026 5:50 PM
Feb 10 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack said Tuesday the banking system is on a solid footing as she watched borrowing levels in the Treasury market.
“The banking system looks pretty good,” Hammack said in an appearance in Columbus, Ohio. She also said high levels of government borrowing are driving hedge funds to themselves borrow to invest in that market, and that situation is something “I’m continuing to watch closely.”
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