Cleveland Fed President Beth Hammack favors frequent smaller rate hikes to push monetary policy into restrictive territory. $TLT $UUP $SPY Inflation has stayed

Cleveland Fed President Beth Hammack favors frequent smaller rate hikes to push monetary policy into restrictive territory. $TLT $UUP $SPY Inflation has stayed above 2% for nearly 6 years, driven by broad-based supply and demand pressures. Hammack argues smaller incremental moves reduce market disr…