Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business

Another Fed Member Strikes a Hawkish Tone, Says He Will Support a Rate Hike If Inflation Remains Sticky

Federal Reserve Governor Michael Barr said he will support an interest rate hike if inflation doesn't ease. (Credit: Getty Images)

Federal Reserve Governor Michael Barr said he will support an interest rate hike if inflation doesn't ease.

Speaking at a banking forum in Washington, Barr, who votes on FOMC decisions, said he's concerned about "broader price pressures taking hold."

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.