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Fed Governor Barr Warns Rate Hike May Be Needed If Inflation Fails to Cool Soon
Fed Governor Michael Barr stated that inflation remains too high despite solid economic growth and a stable labor market. Barr favors holding rates steady if inflation continues moderating, but warned that an interest-rate hike will be necessary if inflation fails to cool soon. He added that AI investment is supporting economic growth, while persistent above-target inflation remains a key risk.
Source：X@DeItaone · Source Link
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