Cleveland Fed’s Hammack Says Interest Rates Need To Be Higher — Barron’s
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Cleveland Fed’s Hammack Says Interest Rates Need to Be Higher
Cleveland Fed President Beth Hammack says interest rates need to be higher, according to Barron’s.
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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 raise interest rates again if price growth remains elevated. Speaking to CNBC from the European Central Bank conference in