Fed’s Michael Barr Says More Hikes Likely Needed as October Rate Hike Odds Fall
Federal Reserve Board Governor Michael Barr has reiterated that the Fed may need to raise rates further to bring inflation down to its 2% target
Why it matters
Regulatory risk around crypto markets can change volatility, liquidity, or sentiment. The concrete detail to watch is federal Reserve Board Governor Michael Barr has reiterated that the Fed may need to raise rates further to bring inflation down to its 2% target
