WS #14194

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Cleveland Fed President Hammack reiterates need for rate hike to combat inflation above 3%, while July Fed minutes show three dissents favoring a quarter-point increase, signaling hawkish tilt.

Fed Rate Hike Expectations

Cleveland Fed President Hammack reiterates need for rate hike to combat inflation above 3%, while July Fed minutes show three dissents favoring a quarter-point increase, signaling hawkish tilt.

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