Fed’s Hammack calls for higher rates as inflation pressures broaden

Private Trade News venue-risk note (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).

October 12, 2026 3:05 PM GMT · FXStreet

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.

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