Fed's Hammack (2026 voter, hawk, statement dissenter) says she hears concerns among businesses that an inflationary mindset is starting to become entrenched in people's minds

Fed's Hammack is voicing concern over a potential entrenchment of inflationary expectations among businesses, which could signal a heightened need for vigilance in monetary policy. Her hawkish stance and call for an open mind about future policy adjustments underscore the Fed's awareness of ongoing inflationary pressures, suggesting a possible shift in rate guidance could be on the horizon if these worries persist.