Fed’s Barr flags risk of broader price pressures
Fed’s Barr said the labor market is stable with relatively low unemployment. He said the Fed should raise rates if inflation isn’t moderating, and that inflation remains too high despite solid growth boosted by AI investment.
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01:05:42 PM UTC
SquawkNews
Fed's Barr: The labor market is stable with low unemployment.
01:08:24 PM UTC
SquawkNews
Labor Market Is Stable With Relatively Low Unemployment Fed Should Raise Rates If Inflation Isn't Moderating If Data Suggest Inflation Moderating, Can Take More Time Inflation Remains Too High Economy Is Growing 'Solidly,' Boosted By Artificial Intelligence Investment Persistence Of Inflation Above Target Creates Risks
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