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EconomyFed’s Hammack and Barkin back gradual rate hikes to curb inflation

Two Federal Reserve officials argued on Thursday for modest, steady rate increases to address inflation above target. Their remarks were the first from central bankers after Democrats took control of Congress and made gains in state elections, results that could affect price pressures in the economy.

Federal Reserveinterest ratesinflation

People in this report Beth Hammack

RReuters★★★☆☆2026-11-05 18:50Original

Fed’s Hammack and Barkin back gradual rate hikes to curb inflation
Fed’s Hammack and Barkin back gradual rate hikes to curb inflationEconomy