Fed governor Michael Barr expects the central bank will need to raise interest rates further to tamp down inflation, he said today. Before last week's quarter-point rate hike, "we were out of position ...
Federal Reserve governor Michael Barr said Tuesday that if inflation doesn't come down adequately, the central bank should raise interest rates.
Fed Governor Michael Barr on Wednesday saying further policy adjustments are likely to be needed. CNBC's Steve Liesman discusses.
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