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Tue, Jun 30 • Nairobi

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Finance

Cleveland Fed President Hammack sees AI fueling inflation, says rate hikes may be necessary

CNBC Markets Jun 30, 2026 2h ago ⏱ 1 min read 👁 2 views

Cleveland Fed President Hammack sees AI fueling inflation, says rate hikes may be necessary

Image via CNBC Markets

📋 Article Summary

39 words

"We've got inflation that's too high, and it's been too high for the past five years," Beth Hammack told CNBC's Sarah Eisen. This story was reported by CNBC Markets. For more Finance news in Kenya, stay tuned to Masaa.

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