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Fed's Hammack Calls for Raising Rates Amid Inflation Pressures

Bloomberg
Bloomberg
Aug 28, 2026 · 8:04 PM
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Fed's Hammack Calls for Raising Rates Amid Inflation Pressures
Federal Reserve Bank of Cleveland President Beth Hammack says "it's time to act" on hiking rates. Speaking at the Jackson Hole Economic Policy Symposium, Hammack also discusses the efficacy of rates and the Fed's balance sheet as economic tools. (Source: Bloomberg)
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