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Fed's Musalem signals another US rate hike soon
Original: Fed's Musalem: US central bank to hike interest rates again soon
Alberto Musalem, president of the St. Louis Federal Reserve, said the US central bank is likely to raise interest rates again in the near term. The comments point to continued monetary tightening as policymakers weigh inflation pressures. Traders and economists will be watching upcoming Fed meetings and data releases for confirmation of the timing and size of the next move.
Why now: Markets react to fresh signals from a Fed official about the direction of US interest rates.
Alberto MusalemFederal ReserveUS central bank
Evidence
- Fed's Musalem: US central bank to hike interest rates again soon · Forex Factory
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