Yeshiva World News · Sep 1, 2026
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Federal Reserve Governor Michael Barr said the Fed can afford to remain patient if incoming economic data show inflation moving back toward its 2% target, but warned that policymakers should be ready to raise interest rates if price pressures fail to ease. “If inflation appears not to be moderating sufficiently, then I think we should act decisively to raise rates,” Barr said Tuesday ahead of the Fed’s September meeting.
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