Fed's Hammack says job market appears to have stabilized

NEW YORK, Feb 11 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack reiterated on Wednesday that she believes the job market is at a point of stability right now and hiring data released earlier in the day confirms that.

“We have a labor market that's now finding that healthy balance of where we want it to be,” but on the other side of the Fed’s mandate, “inflation is still to high,” Hammack said in an appearance before a gathering at Ohio State University.