[Federal Reserve's Hamack: Inclined to Support Smaller, More Stable Interest Rate Adjustments] According to Jinse Finance, on November 12th, Federal Reserve official Hamack stated that he favors smaller, more stable interest rate adjustments by the Federal Reserve, arguing that the Fed needs to raise rates to achieve its restrictive interest rate policy; he does not believe the Fed is lagging behind and would consider more aggressive action if such a situation arises.