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2026-02-18 02:01:24
Federal Reserve Governor Barr stated that recent data shows the labor market is stabilizing and in a balanced but vulnerable state, giving reason to believe that price pressures will ease further. However, he still believes there is a "significant risk" that inflation will remain above 2%, and he hopes to see more evidence that inflation has fallen to the 2% target level. He also said that it is prudent for the Fed to spend time studying the data before adjusting its policy again.
