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Powell Silence on His Future Complicates Trump Fed Chair Search
As President Donald Trump and his advisers begin weighing replacements for Federal Reserve Chair Jerome Powell, they’re ...
Kentucky Senate hopeful says Mitch McConnell doesn't deserve lifetime achievement award
Republican businessman Nate Morris says Kentucky Sen. Mitch McConnell is undeserving of a lifetime achievement award from ...
Fed's Barr flags tariff uncertainty, says policy stance allows 'wait and see'
Federal Reserve Governor Michael Barr said Tuesday that U.S. economy remains on a "sound footing" but warned that tariffs could complicate the central bank's fight against inflation, justifying a ...
Fed's Barr: Inflation to Rise, May See Some Persistence
The Fed last week left short-term borrowing costs in the 4.25%-4.50% range. Fed Chair Jerome Powell in congressional ...
Fed’s Barr Says He Expects Tariffs to Boost Inflation
Federal Reserve Governor Michael Barr said he anticipates tariffs will drive up inflation and expressed support for a ...
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Fed's Barr warns of long and lasting supply chain disruption
High import costs could have an outsize impact on Main Street, a Federal Reserve official warned Thursday, adding that the hardships could have a long shelf life. Fed Gov. Michael Barr, in prepared ...
Bloomberg L.P.1mon
Fed’s Barr Says Supply Chain Disruptions Could Boost Inflation
Federal Reserve Governor Michael Barr said the economy is on solid ground, but warned tariff-related supply-chain disruptions could lead to lower growth and higher inflation.
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Fed's Barr expects high inflation, slow growth from tariffs
The Federal Reserve is still in wait-and-see mode for how the U.S. economy will respond to stiff new tariffs, but at least one central bank official is confident the outcome will not be positive. In a ...
Reuters1mon
Fed's Barr: tariffs to boost inflation, slow growth later this year
U.S. President Donald Trump's trade policies will likely lift inflation, lower growth, and raise unemployment later this year, Federal Reserve Governor Michael Barr said, leaving policymakers with ...
American Banker2mon
Fed's Barr: Banks should think through AI liability questions
Federal Reserve Gov. Michael Barr said that while generative artificial intelligence holds great promise to boost efficiencies in a range of banking functions, important and as-yet-unresolved ...
Bloomberg L.P.2mon
Fed’s Michael Barr Sees Banks Pushed to Adopt AI Faster by Fintech Firms - Bloomberg
US Federal Reserve Governor Michael Barr said bank regulators will have to adjust their guardrails as competition from fintech companies pushes lenders toward greater use of artificial intelligence.
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Barr welcomes regulatory rethink but Fed needs to supervise
The Federal Reserve's former top regulator welcomes the Trump administration's efforts to reform bank oversight — as long as the central bank gets to keep its supervisory authorities. Fed Gov. Michael ...