Fed should raise rates to restrain growth and inflation, Hammack says
- Posted on August 13, 2026
- By Google News
- 0 Views
- 1 min read
In brief
Generating AI summary…
Fed should raise rates to restrain growth and inflation, Hammack says
Cleveland Federal Reserve Bank President Beth Hammack on Thursday reiterated her view that the U.S. central bank should raise rates immediately to bring down too-high inflation and restrain business growth and investment.