Business
Fed Governor Predicts More Rate Hikes
Federal Reserve Governor Michael Barr stated that further interest rate increases are likely to combat ongoing inflation. This follows recent hikes and indicates continued monetary tightening.
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The Hill
Federal Reserve Governor Michael Barr said Wednesday the central bank will “likely” raise interest rates again to counter persistent inflation, after it did so last week for the first time in three-plus years. Barr, a member of the rate-setting Federal Open Market Committee (FOMC), said the unanimou
2026-09-23 23:12 UTC