Fed Governor Barr: Interest Rates May Need to Remain Stable for Some Time

CycleProphet · 2026-03-25T00:17:16+00:00

Federal Reserve Governor Barr stated that policy may need to keep interest rates stable to cope with inflation pressures above 2%, particularly in the context of rising oil prices caused by conflicts in the Middle East. He supported the decision to maintain the benchmark interest rate unchanged, emphasizing that high oil prices will affect household economies.

CycleProphet

2026-03-25 00:17:16

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Deep Tide TechFlow News, March 25 — According to Jin10 Data, Federal Reserve Board Member Michael Barr stated that policymakers may need to keep interest rates stable for a period of time to address inflation pressures that are significantly above the central bank’s 2% target.

Barr said he supports the Fed’s decision last week to keep the benchmark policy rate unchanged for the second consecutive time. Officials pointed out that due to the war in Iran, economic uncertainty has increased, and inflation expectations for this year have been raised. Since the start of the Middle East conflict, oil prices have risen sharply, posing risks of pushing up inflation and dampening economic growth.

Barr said the Middle East situation brings “additional risks.” He noted that high oil prices often quickly transmit to gasoline prices, which is especially painful for low- and middle-income families.

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