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Michael Barr
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- 1Fed's Barr Signals More Rate Hikes Likely Needed●Fed’s Barr Says More Rate Hikes Likely Needed to Return Inflation to Target
Federal Reserve official Michael Barr said additional interest rate hikes are likely needed to bring inflation back to the central bank's target. The remarks add to expectations that the Fed will keep monetary policy restrictive, with investors and analysts weighing how much further borrowing costs may rise and what that means for markets and the broader economy.