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Fed's Barr says further rate hikes will likely be needed

Federal Reserve Governor Michael Barr said on Wednesday the US central bank took an important step last week to "recalibrate" short-term borrowing costs to bring down inflation, and will likely need to deliver further interest rate hikes.

Coverage (1)· Sep 23, 2:07 PM

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Reuters· Sep 23, 2:07 PMFed's Barr says further rate hikes will likely be needed

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