Fed’s Barr warns persistent above-target inflation raises risks
Fed’s Barr says inflation remains too high and persistence above target creates risks. He favors steady rates if confident inflation is moderating.
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Fed’s Barr says inflation remains too high and persistence above target creates risks. He favors steady rates if confident inflation is moderating.
Fed Governor Michael Barr says inflation remains too high. He favors holding rates steady if inflation moderates, but warned an interest-rate hike will be necessary if it fails to cool soon.
Fed official Barr favors steady rates if he is confident inflation is moderating.
Fed official Barr said he favors steady rates if he is confident inflation is moderating.