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Fed's Musalem says more rate hikes needed to curb inflation
Original: Fed's Musalem says lowering inflation will require more rate hikes
Federal Reserve official Alberto Musalem said bringing US inflation back down to the central bank's 2% target will likely require further increases in interest rates. His remarks add to signs that Fed policymakers remain cautious about easing monetary policy too soon while price pressures persist. Markets and analysts are weighing how the comments might shape expectations for the timing of future rate decisions.
Why now: Traders and households are closely watching Fed signals on the future path of interest rates.
Alberto MusalemFederal Reserve
Evidence
- Fed's Musalem says lowering inflation will require more rate hikes · Wichita Eagle
- Fed's Musalem says lowering inflation will require more rate hikes · Reuters
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