NEW YORK, March 6 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack said Friday she sees no imminent need to change the stance of monetary policy in an economy where inflation is still “too high.

Miran said in a CNBC interview that the Fed should be focusing more on supporting the labor market than worrying about inflation.

Fed officials are divided on whether to prioritize controlling inflation or addressing the slowing job market.

The S&P 500 has generally delivered double-digit returns during the 12-month period after an interest rate cut.

San Francisco Federal Reserve President Mary Daly said Friday the weak February jobs report adds to a difficult policymaking environment. In a CNBC interview, Daly did not commit to a position on interest rates,

Federal Reserve Bank of Cleveland President Beth Hammack reiterated that interest rates could be on hold for quite some time, but signaled officials should be ready to respond to other outcomes.

The central bank cut rates at its three previous meetings in an effort to support the job market. But with inflation still elevated, the Fed is cautious about additional rate cuts.

After three reductions to interest rates in 2025, some investors are wondering if the Federal Reserve will continue tapering this year.

Rising oil and gas prices after the U.S. attack on Iran add new uncertainty to the Fed’s inflation fight and rate-cut outlook.

Economists say the strikes could push prices higher and scramble shipping routes, but won't have much impact on interest rates for now. What to know.

Clearly there’s growing skepticism that a new chair can start cutting straight away, particularly with the data as strong as it is right now,” noted Deutsche Bank’s Jim Reid.