Fed's Hammack says inflation remains a problem, WSJ reports
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FILE PHOTO: Beth Hammack, who started her job as president of the Federal Reserve Bank of Cleveland on August 21, 2024, heads into the Kansas City Fed's annual economic symposium in Jackson Hole, Wyoming, U.S., August 22, 2024. REUTERS/Ann Saphir/File Pho
(Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack said in an interview published in the Wall Street Journal on Friday that inflation remained a problem.
"We still have an inflation problem. We still have a rate-of-change problem that we need to address," Hammack told the Journal.
(Reporting by Rishabh Jaiswal in Bengaluru; Editing by Hugh Lawson)
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