Federal Reserve Governor Michael Barr indicated potential interest rate increases if inflation remains elevated. He stated that the central bank might act decisively to raise rates. Incoming data will guide the decision on further monetary policy tightening.

Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high and suggested the central bank may have to raise interest rates in the coming months to bring it…

Fed Chair Kevin Warsh signalled that the US central bank could raise interest rates if inflation fails to move closer to its 2% target, triggering a sharp shift in market…