Fed's Barr: Policy In Good Place, Likely To Stay There for Some Time -- Market Talk
Dow Jones06-03 22:17
1016 ET - Fed governor Michael Barr said that policy is in a good place and is likely to stay there for quite some time. Speaking at the Community Development Bankers Association Peer Forum in D.C., Barr discussed recent inflationary pressures from the war in Iran and the build-out of artificial intelligence. "We have a job to get that inflation back to 2% and we are going to do that. It is going to take some time to work through those shocks," Barr said. (jessica.coacci@wsj.com)
(END) Dow Jones Newswires
June 03, 2026 10:17 ET (14:17 GMT)
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