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Fed's Barr Says More Hikes Likely Needed as Growth Picks Up

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Federal Reserve Board Member Michael Barr made noteworthy statements regarding the inflation outlook, interest rate policy, and the potential impact of artificial intelligence on the US economy. Barr stated that the likelihood of inflation returning to the Fed's 2% target in a timely manner is not yet clear, and the risk of failing to meet the inflation target has increased. Barr noted that inflation remains one of the fundamental issues for the…

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BizToc broke the news on Tuesday, September 29, 2026.
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