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Fed’s Hammack Worried Inflation Expectations Could Deteriorate

Beth Hammack said policy must stay restrictive as July PCE inflation ran 3.7% year over year.

Summary by WTVB
By Michael S. Derby Sept 25 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack said on Friday she is concerned that persistently high inflation risks conditioning the American public to accept elevated prices as the norm, adding the c...

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Fed's Hammack worried inflation expectations could deteriorate

·London, United Kingdom
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BizToc broke the news on Friday, September 25, 2026.
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