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Monday, 12 October 2026

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

Trade News UK sterling-and-streets 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).

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.

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