Monetary Policy: Barr – Further Cut in Interest Rates Probably only in the Distant Future

Handelsblatt

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US Federal Reserve Banker Michael Barr is slowing down expectations for a rapid further reduction of the key interest rate. Before considering this, he wants to see evidence that the inflation of commodities is declining sustainably.

El Economista

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Michael Barr, governor of the Federal Reserve (Fed), said yesterday that another cut in interest rates from the central bank could occur in the near future, given the risks that continue to weigh on the inflation prospects in the United States (EU). “Taking into account the current conditions and available data, it is probably advisable to keep the rates stable for some time, as we evaluate the data that are coming, the evolution of the outlook …