Barr Signals More Fed Tightening as Inflation Risks Stay Elevated
Federal Reserve Governor Michael Barr said the inflation fight is not yet won, citing elevated energy prices and a surge in AI-related investment as forces complicating the path back to the Fedโs 2% target. He said additional rate increases may still be needed, even as the U.S. labour market remains resilient and growth has strengthened. Markets continue to price in another 25-basis-point hike in October.
