Fed Governor Barr says he'll support rate hike if inflation doesn't ease
At a glance
The policymaker said he's concerned about "broader price pressures taking hold" as inflation has prevailed above the Fed's 2% target.
- Primary source
- Finance — Read original article
- Published
- Topic
- Finance
The policymaker said he's concerned about "broader price pressures taking hold" as inflation has prevailed above the Fed's 2% target.
This summary comes from Finance. Read the full article at the original source.
References
More in Finance
‘I don’t want to die on the sales floor’: I’m 67 and earn $19.50 an hour at a big-box store. When can I finally retire?
“I started taking Social Security at 66 and receive $2,410 a month. I have $214,000 in my 401(k).”
Why Western Digital and Seagate are seeing big stock drops today
Investors are worried that Toshiba will boost its production of a key AI storage product, potentially hurting the strong pricing power that Western Digital and Seagate currently…
Tesla sold a lot more EVs than Wall Street expected, and the stock is surging
EV giant Tesla had the best three-month period for vehicle sales this year, but it was less than a year ago.
I’m 71 and still working. I earn $108,000 a year. Am I doing the right thing?
“I have $152,000 in my IRA and Roth accounts.”