Results for "Governor Barr"

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FinancebloombergcnbcYahoo+1seeking-alpha4d ago4 sources

Fed’s Barr Warns of Potential Rate Hikes If Inflation Persists

Federal Reserve Governor Michael Barr indicated the central bank may raise interest rates if inflation fails to moderate sufficiently. His comments come amid growing political pressure from President Trump to cut borrowing costs.

WorldBBCbloombergNYT+86economistFTThe GuardianAl JazeeraFox Newsnrkcbccnbc+78 more1mo ago89 sources

US Launches New Strikes and Naval Blockade Against Iran Amid Escalating Tensions

The United States has launched new strikes against Iranian targets and reimposed a naval blockade on Iranian ports, leading to a rise in oil prices. This escalation follows threats from President Trump to bomb Iranian bridges and power plants, while Iran's Revolutionary Guard Corps warned of blocking more waterways.