FED’S BARR WARNS RATE HIKE MAY BE NEEDED FED GOVERNOR MICHAEL BARR SAYS INFLATION REMAINS TOO HIGH, DESPITE SOLID ECONOMIC GROWTH AND A STABLE LABOR MARKET. BARR FAVORS HOLDING RATES STEADY IF INFLATION CONTINUES MODERATING. HOWEVER, HE WARNED THAT IF INFLATION FAILS TO COOL SOON, AN INTEREST-RATE HIKE WILL BE NECESSARY. HE ADDED THAT AI INVESTMENT IS SUPPORTING ECONOMIC GROWTH, WHILE PERSISTENT ABOVE-TARGET INFLATION REMAINS A KEY RISK. ... 01-SEP-2026 09:06 AM ET