Blog > Fed's Barr says gas prices could 'bleed' into inflation

Fed's Barr says gas prices could 'bleed' into inflation

by Maria Volkova

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Federal Reserve Gov. Michael Barr said Tuesday that the U.S. energy sector is more insulated from shocks than Europe's, particularly in natural gas prices. However, he warned that the war is pushing up gasoline prices, which could spill over into other parts of the economy.

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