BUSINESS● ELEVATEDSep 23 · Sep 23, 2026, 11:12 PM
Fed’s Barr says future interest rate hikes ‘likely’ needed to tame inflation
The Hill · north america
Federal Reserve Governor Michael Barr said Wednesday the central bank will “likely” raise interest rates again to counter persistent inflation, after it did so last week for the first time in three-plus years. Barr, a member of the rate-setting Federal Open Market Committee (FOMC), said the unanimous decision to raise the benchmark interest rate by…
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESSnowMunicipal Securities Underwriters Pay a Total of $325,000 in FinesSECBUSINESSnowSEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINESSECBUSINESS24m ago‘Why airlines may not get cheaper jet fuel despite local production’Vanguard NigeriaBUSINESS24m agoJigawa governor commissions ₦3.5bn asphalt and precast plant to boost indigenous constructionsPremium Times