Cleveland Fed's Beth Hammack warns one rate hike won't cut it as inflation swallows workers' wage gains

Source: Yahoo Entertainment· Joseph Zeballos-Roig· August 12, 2026
Cleveland Fed's Beth Hammack warns one rate hike won't cut it as inflation swallows workers' wage gains

Beth Hammack voted to raise interest rates to help put downward pressure on gasoline and grocery prices.

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