1001 ET - Cleveland Fed President Beth Hammack said there is no conflict in the Fed's dual mandate----inflation is too high while the labor market is right around the level of maximum employment. "Business leaders point to energy costs and supply chain disruptions as factors but also cite pressures from insurance and the AI data center build up," Hammack wrote in a post on LinkedIn. (jessica.coacci@wsj.com)
(END) Dow Jones Newswires
July 17, 2026 10:01 ET (14:01 GMT)
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