Macro Finance
Fed’s Hammack Says ‘Some Number’ of Rate Hikes May Be Needed
Bloomberg Markets·August 10, 2026·1 min read
Federal Reserve Bank of Cleveland President Beth Hammack said it is possible a number of interest rate hikes may be needed to bring inflation down to the central bank's 2% target. She stated she does not want to prejudge what the end point will be, indicating a cautious approach.
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