Signals flagged in the original
Provisional estimate — refines shortly Full breakdown ↓
Federal Reserve Governor Michael Barr indicated that additional interest rate hikes are likely necessary to combat persistent inflation. This follows a recent increase in interest rates, marking the first adjustment in over three years.
Our neutral summary
Federal Reserve Governor Michael Barr indicated that additional interest rate hikes are likely necessary to combat persistent inflation. This follows a recent increase in interest rates, marking the first adjustment in over three years.
The reporting belongs to The Hill; we don't reproduce it.
No note attached
on this article.
Fed’s Barr says future interest rate hikes ‘likely’ needed to tame inflation
Fed's Barr indicates potential for future interest rate hikes to address inflation