Fed’s Barr Warns Inflation Still Too High, Signals Possible Aggressive Rate Hikes

BitcoinWorld Fed’s Barr Warns Inflation Still Too High, Signals Possible Aggressive Rate Hikes Federal Reserve Governor Michael Barr said on Sept. 1 that inflation remains too high and warned that price pressures could become entrenched after running above the central bank’s 2% target for more than five years. Speaking at an event in Washington, Barr indicated that policymakers may need to raise interest rates aggressively if inflation does […] This post Fed’s Barr Warns Inflation Still Too High, Signals Possible Aggressive Rate Hikes first appeared on BitcoinWorld .

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