Higher rates could be needed to avoid 'inflationary mindset' taking hold, says Fed's Hammack

The Cleveland Fed president said that tighter monetary policy would be needed to bring down inflation.

Published on RocksNews: 12 Oct 2026, 17:34 UTC
Updated: 12 Oct 2026, 17:34 UTC
Language: English

Higher rates could be needed to avoid 'inflationary mindset' taking hold, says Fed's Hammack — Higher rates could be needed to avoid 'inflationary mindset' taking hold, says Fed's Hammack — Image credit: CNBC – Top News

The Cleveland Fed president said that tighter monetary policy would be needed to bring down inflation.

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Higher rates could be needed to avoid 'inflationary mindset' taking hold, says Fed's Hammack | RocksNews