Barr says Fed could take more time if inflation is easing
Federal Reserve Governor Michael Barr said that if data gives him confidence inflation is moderating on a path to 2%, the Fed could take a “bit more time” before assessing its policy stance ahead of September.
Ahead of the Fed's September policy meeting, Federal Reserve Governor Michael Barr said if data trends give him confidence that inflation is moderating on a path to 2%, the Fed could take a 'bit more time' to assess their policy stance. "Fed's Barr: Central Bank Should Act Decisively to Raise Rates…