Economic Times · Markets

Fed's Beth Hammack favors gradual rate-hike path to lower inflation

Published by Economic Times on Thu, 5 Nov 2026, 7:32 pm IST

Cleveland's Federal Reserve President Beth Hammack has emphasized the need for additional rate hikes to achieve the target inflation rate of 2%. She proposes implementing smaller, more frequent adjustments to minimize impacts on households and markets. Dissatisfied with the last Fed meeting's outcome, Hammack argues…

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