Federal Reserve Bank of Cleveland President and CEO Beth Hammack

All eyes are on the economy — watching oil prices, grocery costs and inflation.Nobody is watching it closer than the Federal Reserve, the body responsible for setting interest rates that affect everything from mortgages to car loans to business borrowing.And the most recent Fed meeting was a doozy, as Fed meetings go: members kept interest rates steady, but one faction dissented and that included the president of the Federal Reserve of Cleveland.Joining us today to talk about the economy, inflation and the role of the Fed is president and CEO of the Federal Reserve Bank of Cleveland Beth Hammack.Guests:Beth Hammack, president/CEO, Federal Reserve Bank of ClevelandBenjamin Ayers, senior economist, Nationwide