Fed's Hammack says US needs to maintain restrictive policy amid inflationary pressures
NeutralFinancial Markets

In a recent statement, Federal Reserve official Michelle Hammack emphasized the importance of maintaining a restrictive monetary policy to combat ongoing inflationary pressures in the U.S. economy. This approach is crucial as it aims to stabilize prices and ensure sustainable economic growth, which affects everyone from consumers to businesses. Hammack's comments highlight the Fed's commitment to addressing inflation, a key concern for policymakers and the public alike.
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