Recap of Fed's Barr - "weaker economy could put stress on households and businesses"

Michael Barr is Vice Chair for Supervision of the Board of Governors of the Federal Reserve System. As a member of the Board of Governors Barr has a permanent vote on the Federal Open Market Committee (FOMC).

Earlier post from his testimony prepared for delivery Tuesday to the Senate Banking committee is here:

• Fed's Barr says inflation is far too high

Reuters have a bit of a recap up if you'd like a little more:

• the U.S. economic outlook has weakened "amid tighter financial conditions and increased uncertainty."