{
  "id": 18319187,
  "title": "Fed’s Hammack Says Restrictive Rates Needed to Cool Inflation",
  "url": "https://urgent.news/2026/11/05/feds-hammack-says-restrictive-rates-needed-to-cool-inflation",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-05T13:50:00.000Z",
  "source": {
    "name": "Bloomberg",
    "slug": "bloomberg",
    "url": "https://www.bloomberg.com/news/articles/2026-11-05/fed-s-hammack-says-restrictive-rates-needed-to-cool-inflation"
  },
  "original_language": "en",
  "account": null,
  "summary": "Federal Reserve Bank of Cleveland President Beth Hammack said interest rates need to be restrictive to bring inflation to the central bank’s target, and more frequent moves can reduce the risk that policy falls behind.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}