Macro
Cleveland Fed President Hammack sees AI fueling inflation, says rate hikes may be necessary
"We've got inflation that's too high, and it's been too high for the past five years," Beth Hammack told CNBC's Sara Eisen.


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"We've got inflation that's too high, and it's been too high for the past five years," Beth Hammack told CNBC's Sara Eisen.

The central bank official advocated a patient approach as officials watch incoming data for clues about where the U.S. economy is heading.

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