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Fed Governor Barr Supports Rate Hike Amid Inflation Concerns

Updated 2026-09-01 13:25 UTC 1 source Neutral

Fed Governor Barr says he will support a rate hike if inflation does not ease. He is concerned about broader price pressures taking hold as inflation remains above the Fed's 2% target.

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CNBC
The policymaker said he's concerned about "broader price pressures taking hold" as inflation has prevailed above the Fed's 2% target
2026-09-01 13:05 UTC
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