(Reuters) – Federal Reserve Bank of Cleveland President Beth Hammack said in an interview published in the Wall Street Journal on Friday that inflation remained a problem. “We still have an inflation problem. We still have a rate-of-change problem that we need to address,” Hammack told the Journal. (Reporting by Rishabh Jaiswal in Bengaluru; Editing […]
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Fed’s Hammack says inflation remains a problem, WSJ reports
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(Reuters) – Federal Reserve Bank of Cleveland President Beth Hammack said in an interview published in the Wall Street Journal on Friday that inflation remained a problem.
“We still have an inflation problem. We still have a rate-of-change problem that we need to address,” Hammack told the Journal.
(Reporting by Rishabh Jaiswal in Bengaluru; Editing by Hugh Lawson)