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Live On CNBC, Fed's Hammack Says Most Recent Inflation Number Was As Expected; Now Is Time To Act Given Persistence Of Inflation; Does Not See Fed Policy Providing Restriction For Economy; Appropriate For Fed To Act To Lower Inflation; Above Target Has Been Persistent Amid Questions Of How Shocks Will Play Out; Says The Main Worry Is That Public Will Lose Confidence Inflation Will Return To 2%

BenzingaAug 27, 2026, 2:26 PMBenzinga Newsdesk

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benzinga
Observed
Aug 27, 2026, 2:26 PM
Checked
Aug 27, 2026, 2:26 PM
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Captured once, then retained as an archive reference
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