Fed's Hammack Backs Rate Hike to Rein in Inflation

Interest Rates are "the clearest, most transparent, easiest-to-communicate tool that we have,” says Cleveland Fed President Beth Hammock, adding that there’s a long history showing the impact of interest rate moves on the economy. She spoke with Bloomberg's Tom Keene, Lisa…

To respect copyright, we link to the source rather than republishing the full text. Read the complete article on Bloomberg.