Fed's Hammack: Critical Fed Acts Now -- Market Talk

0930 ET - Cleveland Federal Reserve Bank President Beth Hammack reiterates her views that the Fed should raise interest rates to bring inflation back down to target. "I think it's really critical that we act now," Hammack says during a fireside chat with the Dayton Area Chamber of Commerce. "When I look at policy broadly, to me, it's not restrictive." Hammack is a voter this year on the Federal Open Market Committee and dissented in favor of higher rates at the last FOMC meeting.(jessica.coacci@wsj.com)

(END) Dow Jones Newswires

August 13, 2026 09:30 ET (13:30 GMT)