Fed's Barr Says Further Rate Hikes Likely Needed To Ensure Timely Return To 2% Inflation
Fed's Barr Says Further Rate Hikes Likely Needed To Ensure Timely Return To 2% Inflation
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Fed's Barr Says More Rate Hikes Likely Needed to Return Inflation to Target
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…
MNI EUROPEAN OPEN: Oil Pullback Continues
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