🚨 Fed’s Barr says rates may rise if US inflation stays above target.
📈 Latest readings show annual inflation at 3.7%, well above the Fed’s 2% goal.
📝 Major banks expect challenges as policymakers hint at further tightening.
🔍 Fed will review fresh inflation data before its September 16 rate decision.
Continue Reading:Fed’s Barr warns interest rates could rise if US inflation fails to cool
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