Live On CNBC, Fed's Hammack Says Core Services Inflation Has Been High; Worries What Higher Rates Could Do To Rest Of Economy; Consumer Sect

Live On CNBC, Fed's Hammack Says Core Services Inflation Has Been High; Worries What Higher Rates Could Do To Rest Of Economy; Consumer Sector Has Shown Resilience; If Consumer Data Holds Up Fed Policy May Not Be Restrictive Enough; AI Investment Has Put Upward Pressure On Inflation; It's Important That Central Bankers Are Transparent About Reaction Function