Another Fed Member Strikes a Hawkish Tone, Says He Will Support a Rate Hike If Inflation Remains Sticky

Source: International Business Times

Federal Reserve Governor Michael Barr said he will support an interest rate hike if inflation doesn't ease. Getty Images Federal Reserve Governor Michael Barr said he will support an interest rate hike if inflation doesn't ease. Speaking at a banking forum in Washington, Barr, who votes on FOMC decisions, said he's concerned about "broader price pressures taking hold.