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Another hawk has spoken out after Warsh! Federal Reserve Governor Barr: If inflation does not cool down sufficiently, interest rates should be raised decisively.

Another hawk has spoken out after Warsh! Federal Reserve Governor Barr: If inflation does not cool down sufficiently, interest rates should be raised decisively.

The hawkish camp at the Federal Reserve is sending increasingly hawkish policy signals. Following Fed Chairman Warsh's warning of inflation risks at the Jackson Hole symposium last week, Fed Governor Barr reiterated on Tuesday that the Fed should raise interest rates decisively if inflation fails to cool sufficiently.
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