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Barr Tue 1: inflation still too high after 5 years — September FOMC hike-conditional (7% peak, 2% path)

Unlocking Opportunities for Workers and Entrepreneurs with a Criminal Record. Governor Michael S. Barr. Second-Chance Lending Forum, Washington, D.C.. Last Update September 01, 2026.

Liquid StateAs-of Tue 1 Sep 2026Updated
1 min read
Conceptual illustration about Federal Reserve: rates.
Editorial illustration.

Governor Michael S. Barr delivered Unlocking Opportunities for Workers and Entrepreneurs with a Criminal Record on September 01, 2026 at the Second-Chance Lending Forum, Washington, D.C..

Primary is https://www.federalreserve.gov/newsevents/speech/barr20260901a.htm — Last Update September 01, 2026.

Inflation remains too high, and has been for over five years.

Barr described progress from inflation's peak of more than 7 percent in 2022 to a bit above 2 percent in 2024; that progress stalled in 2025.

At the September FOMC meeting: if trends in the data give some confidence inflation is moderating on a path to 2 percent, take a bit more time to assess the policy stance; if inflation appears not to be moderating sufficiently, act decisively to raise rates.

As-of Tue 1 Sep 2026. Federal Reserve.

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