Fed’s Barkin says interest rates may have to rise to combat inflation headwinds

Barkin said he understands that the fight against inflation has been long, but that “it is critical that we remain steadfast.”

Topics

Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show

Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.
The New York Times - 5d
Fed Flags Rising Inflation Risks and Rising Uncertainty About Trump’s Policies

Rates cuts are still on the menu, but like many businesses, Fed officials are having a tough time judging the impact of Trump’s tariff and immigration plans.
Inc. - 4d
No ‘golden age’ is coming. Trump’s tariffs will hit Americans with higher interest rates and more inflation.

Protectionism won’t make us rich — especially if tariffs launch a trade war.
MarketWatch - 4h
Home Depot says high interest rates are hampering home-remodeling plans

“There’s just no denying the deferral that we’re still seeing,” said Billy Bastek, Home Depot’s executive vice president of merchandising.
MarketWatch - 2h
Lower mortgage rates may tempt home buyers. But these fast-rising phantom costs could sneak up on them.

Mortgage rates are down to a nearly three-month low. But if you’re thinking of buying a home, beware of these hidden costs.
MarketWatch - 4d
Is the Fed’s preferred measure of inflation set to fall?

Market Questions is the FT’s guide to the week ahead
Financial Times - 2d
World's oldest runestone may have been signed by a woman, researchers say

A woman may have signed her name on the world's oldest dated runestone, researchers in Norway have found, as they piece together the 2,000-year-old puzzle.
NBC News - 1d
UK may have to leave human rights treaty, says Badenoch

The Conservative leader says international agreements must not stop the UK acting in its national interest.
BBC News - 8h
Japan's inflation rate climbs to a 2-year high of 4% in January, supporting rate hike calls from BOJ members

Core inflation — which excludes prices of fresh food — rose to 3.2% from 3% in the prior month and beat economists' expectations of 3.1%, according to a Reuters poll.
CNBC - 4d

More from MarketWatch

Falling Treasury yields signal that Trump policies are starting to spook investors

U.S. government debt rallied aggressively overnight and into Tuesday’s trading session, pushing yields below key technical levels in a way that appeared to be shaking confidence in the broader market.
MarketWatch - 12m
‘I’m caught between family responsibility and financial stability’: Do I give up my $172K job in the U.S. and return home to run the family business?

“My company is sponsoring my green card.”
MarketWatch - 15m
The ‘vibes’ on Wall Street are starting to sour. Just look at these six charts.

Investors’ euphoric outlook on the markets has largely faded, replaced by a creeping sense of uncertainty.
MarketWatch - 19m
10-year Treasury yield ends at nearly 11-week low as economic concerns build

Yields on 2- and 10-year U.S. government debt fell for a fifth straight session on Tuesday as traders considered the risks of slowing global growth and a potential domestic recession.
MarketWatch - 27m
Why MicroStrategy’s stock chart now looks so bearish

The bitcoin play has fallen below a key support zone to trade at the lowest prices seen since before President Trump’s election win.
MarketWatch - 32m

More in Business

Trump Announces Investigation That Could Lead to Tariffs on Foreign Copper

Tariffs, if they are imposed, could boost U.S. production of a valuable resource but also raise costs for automakers, construction companies and others.
The New York Times - 8m
Tesla's market cap sinks below $1 trillion as stock slumps more than 8%

Tesla shares have dropped dramatically since peaking in December, and Tuesday's decline pushed the company's market cap below $1 trillion.
CNBC - 10m
Falling Treasury yields signal that Trump policies are starting to spook investors

U.S. government debt rallied aggressively overnight and into Tuesday’s trading session, pushing yields below key technical levels in a way that appeared to be shaking confidence in the broader market.
MarketWatch - 12m
White House identifies DOGE administrator amid questions about Elon Musk's role

The administrator of President Donald Trump's so-called Department of Government Efficiency has been identified as Amy Gleason, a White House official said.
CNBC - 12m
Super Micro shares fall ahead of filing deadline

If Super Micro fails to file the reports, its stock could be delisted from Nasdaq.
CNBC - 14m