# Fed’s Hammack hopes to cool demand and inflation without hurting jobs

https://mins.news/en/item/97188

- Reuters, 2026-10-12 23:25 UTC
- Economy
- Original: https://www.reuters.com/business/feds-hammack-hope-cool-demand-inflation-without-job-market-pain-2026-10-12/?link_source=ta_bluesky_link&taid=6acd6c5776e0550001f0c8b6

> Cleveland Fed President Beth Hammack said Monday she hopes the Fed can bring inflation down without damaging the job market. That may require slowing the rapid pace of corporate investment or market-driven wealth gains that are boosting personal consumption.

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- [Fed’s Hammack says higher rates may be needed to prevent an ‘inflationary mindset’](https://mins.news/en/item/96838) — CNBC, 2026-10-12
