Fed's Musalem urges caution on further rate cuts
St. Louis Fed’s Alberto Musalem urged restraint on rate cuts, noting inflation is still too high and the policy path should stay data-dependent.
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15h agoFed's Musalem urges caution on further rate cuts
St. Louis Fed President Alberto Musalem warned that inflation remains well above target and urged the Federal Reserve to ‘tread with caution’ before cutting rates again. He said another quarter-point cut could be justified to support the labor market but stressed that over-easing risks entrenching price pressures. Musalem added that a data-driven approach is vital amid the government shutdown and ongoing data delays.
neutral
15h agoFed's Musalem urges caution on further rate cuts
St. Louis Fed President Alberto Musalem warned that inflation remains well above target and urged the Federal Reserve to ‘tread with caution’ before cutting rates again. He said another quarter-point cut could be justified to support the labor market but stressed that over-easing risks entrenching price pressures. Musalem added that a data-driven approach is vital amid the government shutdown and ongoing data delays.
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Fed's Musalem urges caution on further rate cuts
about 16 hours ago
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St. Louis Fed’s Alberto Musalem urged restraint on rate cuts, noting inflation is still too high and the policy path should stay data-dependent.
St. Louis Fed President Alberto Musalem warned that inflation remains well above target and urged the Federal Reserve to ‘tread with caution’ before cutting rates again. He said another quarter-point cut could be justified to support the labor market but stressed that over-easing risks entrenching price pressures. Musalem added that a data-driven approach is vital amid the government shutdown and ongoing data delays.
St. Louis Fed President Alberto Musalem warned that inflation remains well above target and urged the Federal Reserve to ‘tread with caution’ before cutting rates again. He said another quarter-point cut could be justified to support the labor market but stressed that over-easing risks entrenching price pressures. Musalem added that a data-driven approach is vital amid the government shutdown and ongoing data delays.
Tags:
Federal Reserve
interest rates
Federal Reserve
interest rates
inflation
Alberto Musalem
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