Fed's Hammack says US needs to maintain restrictive monetary policy

ReutersSep 29, 2025 8:20 AM

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Sept 29 (Reuters) - The U.S. Federal Reserve needs to maintain a restrictive stance of monetary policy to get inflation down to its 2% target, Cleveland Fed President Beth Hammack told CNBC's Squawk Box Europe on Monday.

Hammack, among the most hawkish Fed policymakers, is not a voter on policy this year.

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