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Fed’s Hammack says policy still isn’t restrictive despite high inflation

Cleveland Federal Reserve (Fed) President Beth Hammack said on Friday the two sides of the Fed's dual mandate are not in conflict.

She said that “high inflation complicates economic planning,” and that she doesn’t see current policy as restraining the economy.

Market commentary only, not advice. 41 words on the desk. Trading involves risk. Headline credited to FXStreet.

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