Fed Governor Barr: If Inflation Doesn't Slow Soon, It Will Be Time to Raise Rates

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Odaily News: Fed Governor Barr: Inflation is still too high. If confident in slowing inflation, I would favor holding rates steady. If inflation doesn't slow soon, it will be time to raise rates. Persistently high inflation poses risks. If data trends convince me that inflation is easing toward the 2% target, then assessing the policy stance may take time. (Jin Shi)

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