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Fed's Hammack Backs Rate Hike to Rein in Inflation
Posted
August 28, 2026
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August 28, 2026
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9:10Now PlayingInterest Rates are "the clearest, most transparent, easiest-to-communicate tool that we have,” says Cleveland Fed President Beth Hammock, adding that there’s a long history showing the impact of interest rate moves on the economy. She spoke with Bloomberg's Tom Keene, Lisa Abramowicz and Michael McKee in Jackson Hole, Wyoming.
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