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Fed's Hammack Calls for Raising Rates Amid Inflation Pressures

Bloomberg Markets Friday 28 August 2026, 14:34 UTC 1 min read
Key Points

Federal Reserve Bank of Cleveland President Beth Hammack says "it's time to act" on hiking rates. Speaking at the Jackson Hole Economic Policy Symposium, Hammack also discusses the efficacy of rates and the Fed's balance sheet as economic tools.

Federal Reserve Bank of Cleveland President Beth Hammack says "it's time to act" on hiking rates. Speaking at the Jackson Hole Economic Policy Symposium, Hammack also discusses the efficacy of rates and the Fed's balance sheet as economic tools. (Source: Bloomberg)
Fed (ORG) Hammack Calls for Raising Rates Amid Inflation Pressures Federal Reserve Bank (ORG) Beth Hammack (PERSON) the Jackson Hole Economic Policy Symposium (LOCATION) Hammack (PERSON) Bloomberg (PERSON)
Originally published by Bloomberg Markets Read original →

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