Fed's Hammack Says Price Stability Is Responsibility Of Central Banks; Inflation Remains Elevated Amid Solid Output Demand; Inflation Risk Tilted Toward Upside; Supply Shocks A Notable Challenge For Fed Policy Right Now; The Longer Inflation Remains High, The Harder It Is To Bring It Back To Target
https://www.clevelandfed.org/events/inflation-drivers-and-dynamics/2026/ev-20260924-inflation-drivers-and-dynamics-conference-2026
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Why It Matters
The central bank leader says prices are still too high right now. The longer prices stay high, the tougher it gets to fix it.
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