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Gov Barr (permanent FOMC voter)'s speech Tuesday: is primarily on the longer-term outlook for the housing sector, but importantly he notes that his "base case" is for "further policy adjustments" (plural). His outlook for multiple further hikes suggests that he is on the more hawkish end of the FOMC, given that only 4
Fed's Barr: Further rate hikes are likely needed to ensure timely return to 2% inflation.
By Jessica CoacciFederal Reserve governor Michael Barr said further rate hikes are likely needed to ensure inflation comes down to target in a timely fashion.Barr expressed that he supported the Fed's decision to raise interest rates by a quarter-percentage point last week, speaking at an event in…
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI