Fed's Beth Hammack warns inflation won't fall on its own, says waiting could be a 'costly' mistake: 'Now is the time'

Federal Reserve Bank of Cleveland President Beth Hammack said inflation remains too high and is unlikely to return to the Fed ...

Fed's Hammack says tighter monetary policy needed to cool inflation

By Michael S. Derby NEW YORK, July 31 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack said Friday that ...

Buckle up! Cleveland Fed President Beth Hammack just said the quiet part out loud about inflation.

Inflation has become a broad-based problem, according to one of the 12 voting members of the Federal Open Market Committee (FOMC).

Fed's Beth Hammack Warns AI Spending Could Keep Inflation Hot and Force Interest Rates Higher: 'Not Seeing A Lot Of Restraint...'

Cleveland Federal Reserve President Beth Hammack said Tuesday that surging demand for artificial intelligence infrastructure could add to inflationary pressures and may force the Federal Reserve to ...

Fed rate-hike voices swell before July decision, rates still seen on hold

By Ann Saphir July 17 (Reuters) - Cleveland Fed President Beth Hammack on Friday added her voice to a growing chorus of ...
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Hawks Lorie Logan and Beth Hammack run the Fed for now

Even though the Federal Reserve didn't hike rates today, the hawks won three key victories with higher nominal and real ...

Cleveland Fed's Hammack has started hearing businesses demand action to curb inflation

"For the first time in my tenure, I'm hearing from businesses who say they think we need to take action to curb inflation, and from consumers who can't make ends meet about a growing sense of despair, ...

Cleveland Fed president says AI spending is fueling inflation

Beth Hammack cited "insatiable" demand for AI infrastructure as a price pressure and said higher rates may be required to bring inflation back to target ...