[Federal Reserve Governor Barr: Progress Made in Controlling Inflation, But Further Efforts Needed] Federal Reserve Governor Barr stated that the United States has made some progress in controlling inflation but further efforts are still needed to achieve the goal. He pointed out that the current economy exhibits characteristics of dual-speed development, with economic activity among wealthier households showing strong performance and significant growth momentum. Barr emphasized that the Federal Reserve's policy focus is on ensuring the stability of the job market to support the long-term healthy development of the economy.
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