Fed’s Hammack: It’s appropriate to put some restraint into rates

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  • I'm seeing more persistence in inflation
  • The problem with us missing on inflation for so long is an inflationary mindset creeping in
  • I don't think we're there yet on the inflation mindset but that's what I want to avoid

Hammack voted to hike rates so hawkish comments are no surprise.

The Fed's Warsh speaks tomorrow at Jackson Hole at 10 am ET.

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

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