Fed should be cautious about adjusting policy, says Michael Barr

Michael Bar, the Fed governor, saying the Fed should be cautious about adjusting policy. And I'm making a point of this, Scott, because there's a contingent of people out there, Fed, Fed folks, who have been using this term cautious approach. And it was in the minutes yesterday.Lori Logan, he used it. Bar saying Feds the Fed's price stability goal faces significant risk. He's skeptical the Fed should look through higher inflation from tariffs.A quote from his speech that he's giving right now says there has ...