Barr (Fed) Calls for Prudence with Interest Rates and Predicts that Inflation Will Rise Above 3%
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3 Articles
Michael Barr says FOMC should be cautious about tightening monetary policy The post Fed Governor urges caution on interest rates and expects inflation to rise above 3% appeared first on Monitor Mercantil.
The governor of the Federal Reserve (Fed), Michael Barr, has advocated this Thursday for being "cautious" in touching interest rates in the face of the risks emanating from inflation, although he has also acknowledged that the labor market is tense. "The Federal Open Market Committee [FOMC] must act with caution to [...] The Barr (Fed) entry calls for prudence with interest rates and predicts that inflation will rise above 3% appears first in Fo…
The governor of the Federal Reserve (Fed), Michael Barr, has advocated Thursday for being "cautious" in touching interest rates in the face of the risks emanating from inflation, although he has also acknowledged that the labor market is strained.
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