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News 2026-10-15 21:32 UTC

Fed's Hammack warns inflation expectations deterioration could require Fed response

Oct 15 (Reuters) — Federal Reserve Bank of Cleveland President Beth Hammack said on Thursday if there were to be a deterioration in the public’s inflation expectations that would likely require more aggressive central bank action to counter. “What I worry about is, if you get this inflationary mindset, if you get these