Fed’s Barr Sees Progress Made on Inflation, But Still ‘Work to Do’

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Federal Reserve Governor Michael Barr expressed cautious optimism about inflation progress, but emphasized the need for continued effort to reach the 2% target, highlighting the importance of a solid labor market.

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Federal Reserve Governor Michael Barr said policymakers must be attentive to ensuring the labor market is solid, but there is still work to do to get inflation down to the central bank’s 2% target. Barr spoke during a virtual event Thursday on community development. (Source: Bloomberg)

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Original article published by Bloomberg on November 6, 2025.
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