Macro Finance
Fed’s Barr Sees Need for Higher Rates If Inflation Doesn’t Cool
Bloomberg Markets·September 1, 2026·1 min read
Federal Reserve Governor Michael Barr said the central bank can afford to be patient if upcoming data show inflation cooling, but should be prepared to raise interest rates if inflation fails to subside. He warned price pressures risk becoming entrenched after being above target for over five years.
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