Fed should raise rates to restrain growth and inflation, Hammack says

Cleveland Federal Reserve Bank President Beth Hammack on Thursday ‌reiterated her view that the ‌U.S. central bank should raise rates immediately to ​bring down too-high inflation and restrain business growth and investment. "When I'm talking to businesses, I hear that businesses are ‌excited to ⁠raise funds, they're excited to borrow...