Cleveland Fed’s Hammack Says Economy Can Handle Tighter Policy
Hammack said restrictive monetary policy is needed to curb inflation.
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Fed's Hammack backs restrictive policy, says better if it comes 'relatively quickly'
Hammack says underlying inflation is currently in the mid-to-high 2% range Cleveland Fed chief says firms in her district plan price increases that outpace input-cost growth Investors expect the Fed to leave policy rate unchanged at this month's meeting By Howard Schneider CLEVELAND, Oct 12 (Reuters) — Cleveland Fed Pr