Fed officials Beth Hammack and Thomas Barkin both backed further interest rate increases on Thursday, favouring gradual tightening as inflation remains above the central bank’s 2% target. Speaking at an event in Zurich, Cleveland Fed President Hammack said, “I expect that monetary policy will need to move to a restrictive stance to bring inflation back […]The post Fed’s Hammack and Barkin Back Gradual Rate Hikes, but AI Uncertainty Clouds Policy Outlook appeared first on ActionForex.