Fed's Hammack: It's time to act with rate hikes, waiting will create pain

Hammack spoke yesterday so this is a repeat. Warsh speaks at 11:45 am ET.

• Inflation will end year around 3%
• Does not see restrictive financial conditions
• Communicating Fed issues to public is part of the job
• Fed credibility depends on delivering the dual mandate

This article was written by Adam Button at investinglive.com.

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