Michael Fishman Hits Back at Roseanne Barr
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According to data from the CME FedWatch tool, the probability of the central bank hiking benchmark interest rates by another 25 basis points has reached nearly 70%, up from 8.8% a month ago.
Roseanne Barr eviscerated her former TV son Michael Fishman in an expletive rant after he spoke out about her 2018 racism controversy last month. “He f–king doesn’t even f–king know what I said,” she claimed in an upcoming episode of the “Can’t Be Censored” podcast. “Even though I’ve explained it 10,000 times for nine years on the internet.”
The policymaker said he's concerned about "broader price pressures taking hold" as inflation has prevailed above the Fed's 2% target.
Federal Reserve Gov. Michael Barr appears to be among the majority of monetary policymakers who foresee at least one more rate hike before the end of the year.