MINUTES
About Minutes
Back to latest

EconomyFed’s Hammack says higher rates may be needed to prevent an ‘inflationary mindset’

Cleveland Fed President Beth Hammack said tighter monetary policy may be needed to bring inflation down and prevent an “inflationary mindset” from taking hold.

Federal Reserveinterest ratesinflation

People in this report Beth Hammack

CCNBC★★★☆☆2026-10-12 17:15Original

Fed’s Hammack says higher rates may be needed to prevent an ‘inflationary mindset’
Fed’s Hammack says higher rates may be needed to prevent an ‘inflationary mindset’Economy