Monday, 12 October 2026
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Policy desk, National Trade News (2026-10-12): Cleveland Federal Reserve (Fed) President Beth Hammack said Monday that interest rates need to be higher, that inflation remains “too high”, and that more… Primary source: original at FXStreet (fxstreet.com).
Fed’s Hammack calls for higher rates as inflation pressures broaden
Cleveland Federal Reserve (Fed) President Beth Hammack said Monday that interest rates need to be higher, that inflation remains “too high”, and that more economic tightness is needed.