Michael S. Barr
Role in each timeline
- The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings
Fed governor who supported September's increase and has said further policy adjustment may be needed to return inflation to target.
Michael S. Barr across every timeline
Every dated entry that names Michael S. Barr, from all 1 timeline, newest first.
- Barr says further policy adjustments are likely Response
Michael S. Barr said his base case was that further policy adjustments would likely be needed to return inflation to target in a timely fashion. He said inflation risks had increased while labor-market risks had receded.
on The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings - Michael S. Barr says further policy adjustments may be needed Response
Michael S. Barr said further monetary-policy adjustments would probably be needed to return inflation to target in a timely fashion. He said strong growth, a solid labor market, and inflation above target had changed the balance of risks and led him to support the September increase.
on The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings - Michael Barr says insufficient inflation progress could require a rate hike Response
Governor Michael S. Barr said he would favor raising interest rates if inflation did not appear to be moderating sufficiently. He said that progress toward the 2 percent inflation objective would support taking more time to assess the policy stance at the September meeting.
on The Fed's Rate Path: From the 2024 Cuts to Warsh's First Meetings