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Fed

Fed's Hammack (2026 voter, hawk) says job market is broadly in balance; latest inflation data is in line with expectations

StockNow breaking-news AI analysis

Fed's Hammack stated policy must remain restrictive as inflation progresses slowly toward 3% this year, while the job market remains broadly balanced.

News detail

Policy needs to be restrictive Expects slow progress on inflation, should end year around 3%. Next year inflation might ease to around 2.5% at best. Goes into every meeting with an open mind. Open minded about cadence of Fed meeting schedules.

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Fed

Fed's Hammack (2026 Voter, Hawk) says the most recent inflation number was as expected, via CNBC TV; now is the time to act; do not see Fed policy as restrictive for the economy

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