Federal Reserve Governor Michael Barr emphasized the importance of maintaining a strong labor market while continuing efforts to reduce inflation.
Speaking during a virtual event on community development Thursday, Barr noted that policymakers must remain attentive to ensuring the labor market remains solid. However, he also acknowledged that there is still work to be done to bring inflation down to the central bank’s 2% target.
(Source: Bloomberg)
https://www.bloomberg.com/news/videos/2025-11-06/barr-says-fed-still-has-work-to-do-on-inflation-video