Fed's Hammack (2026 Voter) says the job market is right around full employment, and growth looks good, speaking on CNBC TV; inflation is still too high, Fed may need to consider rate hikes

Policy: Will go into Fed meetings with an open mind, and will not prejudge outcomes. Expresses concerns surrounding what higher rates could do to the economy. Need to have transparency on the reaction function. Inflation: Core services inflation has been high. Sees a broad-based story for high inflation. AI investment has been a driver of inflation, adding upward pressure. Economy:The consumer sector has shown resilience.