Fed's Hammack: Biggest risk is inflationary mindset.
Fed's Hammack: Biggest risk is inflationary mindset.
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Fed's Hammack says inflation mindset could start to set in
Cleveland Fed President Beth Hammack said persistent above-target inflation risks conditioning the public to accept elevated prices. She said policy needs to remain restrictive to help bring inflation back to target.
Money Quote: Cleveland Fed President Beth Hammack — WSJ
"The biggest risk that I see with inflation right now is that an inflationary mindset could start to set in."- Cleveland Fed President Beth Hammack at a Friday panel explaining why she thinks monetary policy should take a "restrictive stance" to bring inflation back to the Fed's 2% target at a Frid…
Fed's Hammack Says The Biggest Risk With Inflation Is The Formation Of An Inflationary Mindset; Public Has Been Dealing With Above Target Inflation For Extended Period; Growth Has Held Up Well, Job Market Is Stable; Worries About Demand Related Pressure On Inflation; Capital Expenditures Will Pressure Inflation For A While; If We Don't Make Progress Lowering Inflation, Expectations Could Shift; Fed Needs To Make Sure Policy Is At A Restrictive Stance To Lower Inflation
Fed's Hammack Says The Biggest Risk With Inflation Is The Formation Of An Inflationary Mindset; Public Has Been Dealing With Above Target Inflation For Extended Period; Growth Has Held Up Well, Job Market Is Stable; Worries About Demand Related Pressure On Inflation; Capital Expenditures Will Pressure Inflation For A W
Fed's Hammack: Expectations Could Shift If No Progress Made On Lowering Inflation
Biggest Risk With Inflation Is The Formation Of An Inflationary Mindset - Growth Has Held Up Well, Job Market Is Stable - Worries About Demand Related Pressure On Inflation - Captial Expenditures Seen Pressuring Inflation For A While
Hammack says biggest risk is inflationary mindset
Federal Reserve official Hammack said the biggest risk is an inflationary mindset taking hold.
Fed's Hammack: The biggest risk with inflation is the formation of an inflationary mindset
Fed's Hammack: The biggest risk with inflation is the formation of an inflationary mindset