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Cleveland Fed's Hammack Sees Restrictive Policy as Appropriate

Summary by Seeking Alpha
Cleveland Fed’s Hammack says restrictive monetary policy may need more tightening as inflation stays broad-based.

7 Articles

Illustrative image Photo: PexelsPresident of the Cleveland Fed says extra tightening may be necessary against persistent inflation

The president of the Cleveland Federal Reserve argued that a restrictive monetary policy remains necessary to return inflation to 2%. Her statements keep open the expectations of further hikes in rates, although operators still do not see an imminent decision.

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Action Forex broke the news on Monday, October 12, 2026.
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