October Fed Rate Hike Odds Jump To Nearly 70% As Fed's Barr Says More Tightening Is 'Likely'

According to data from the CME FedWatch tool, the probability of the central bank hiking benchmark interest rates by another ...

More rate adjustments are likely needed to lower inflation, Fed Governor Barr says

Further rate adjustments will likely be needed to ensure that inflation declines to the Federal Reserve's 2% target in a timely fashion, Fed Governor Michael Barr said Wednesday, citing his base case.
Syrian Arab News Agency

Fed’s Barr sees further policy moves as U.S. inflation remains above target

U.S. Federal Reserve Governor Michael Barr said further monetary policy adjustments would likely be needed to bring inflation ...
American Banker

Fed's Barr: 'Further policy adjustments are likely'

Federal Reserve Gov. Michael Barr appears to be among the majority of monetary policymakers who foresee at least one more rate hike before the end of the year.

Fed’s Barr Sees More Rate Hikes Ahead

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 ...

Fed Governor Barr says he'll support rate hike if inflation doesn't ease

The policymaker said he's concerned about "broader price pressures taking hold" as inflation has prevailed above the Fed's 2% target.