Hammack said the last two inf reports were encouraging but he is not confident inf will continue to improve and that Americans face real pressure from inf. He added that private credit and whether AI is in a bubble merit attention, employment data is noisy, and with large amounts of leverage being used to buy Treasuries he watches Treasuries for financial-stability risk.

2026-08-13

Hammack said the last two inf reports were encouraging but he is not confident inf will continue to improve and that Americans face real pressure from inf. He added that private credit and whether AI is in a bubble merit attention, employment data is noisy, and with large amounts of leverage being used to buy Treasuries he watches Treasuries for financial-stability risk.