Fed official Barr has expressed concern about current inflation levels, stating they remain too high. According to Barr, if inflation does not start to moderate soon, it will be necessary to consider a hike.

Further details about Barr's statement are available from investingLive. The source provides information about the Fed's perspective on inflation, but does not offer additional context about the potential hike or its expected impact.

Readers can find more information about the Fed's stance on inflation and potential future actions through investingLive.