A Fed governor warned he'll support a rate hike if inflation doesn't ease

- A Fed: 2 events in the last 90 days
- Previous: 5 days earlier · A Fed regional chief is warning that interest rates may need to go higher to beat inflation
What happened
Barr said inflation has remained above the Fed's 2% target for more than five years, with the next policy meeting two weeks away
Summary assembled by rule from the sources below