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Business

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

CNBC · October 12, 2026 at 1:15 PM

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

Read the full article on CNBC ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cnbc.com — the content belongs to CNBC.

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