Wire report
Higher rates could be needed to avoid 'inflationary mindset' taking hold, says Fed's Hammack
The Cleveland Fed president said that tighter monetary policy would be needed to bring down inflation.
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The Cleveland Fed president said that tighter monetary policy would be needed to bring down inflation.
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What happened
According to CNBC’s source item, Higher rates could be needed to avoid ‘inflationary mindset’ taking hold, says Fed’s Hammack, The Cleveland Fed president said that tighter monetary policy would be needed to bring down inflation.
Context
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Source
Primary source: Higher rates could be needed to avoid ‘inflationary mindset’ taking hold, says Fed’s Hammack via CNBC. VINI cites and links the source; it does not reproduce the publisher’s full article text without rights clearance.
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Source links
- Higher rates could be needed to avoid 'inflationary mindset' taking hold, says Fed's HammackCNBC - 2026-10-12T17:15:21+00:00
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