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Fed's Musalem Expects More Rate Cuts
Fed's Musalem expects more rate cuts, keeping options open on December meeting
St. Louis Federal Reserve President Alberto Musalem said on Wednesday he expects the U.S. central bank will be able to continue to cut interest rates but isn't ready to say what he thinks should happen at its policy meeting later this month.
Fed’s Musalem Sees Risk of Cutting Rates Too Much, Too Soon
Federal Reserve Bank of St. Louis President Alberto Musalem sees a risk that progress toward 2% inflation could stall, or possibly reverse.
Fed’s Musalem Says Time to Pause Rate Cuts May Be Near
Federal Reserve Bank of St. Louis President Alberto Musalem said it may be appropriate to pause interest-rate cuts as soon as this month, emphasizing incoming data will guide his decision. Most Read from BloombergAs Wars Rage,
Fed's Musalem raises possibility of slowing or pausing rate cuts
The time "may be approaching" for the Federal Reserve to consider slowing the pace of interest rate cuts or pausing altogether to await further data, St. Louis Fed President Alberto Musalem said, on Wednesday.
Fed's Musalem: Will wait to see data before deciding on December meeting
St. Louis Federal Reserve President Alberto Musalem said on Wednesday that it might be possible to pause rate cuts at the upcoming meetings, and added that they are keeping all options for the December meeting. "Will wait to see data before deciding on December Fed meeting."
Fed's Musalem Expects More Rate Cuts but Says Easing Path Is Less Clear
In his remarks, Musalem said monetary policy is "well positioned" to deal with the outlook and the current restrictive stance is appropriate given that core price pressures remain
Fed’s Musalem Says Time May Be Near to Slow or Pause Rate Cuts
Federal Reserve Bank of St. Louis President Alberto Musalem said it may be time for policymakers to slow the pace of interest-rate cuts amid higher than desired inflation and declining concerns over the labor market.
11h
Further easing of monetary policy likely if inflation heads toward target: St. Louis Fed's Musalem
Learn about the insights shared by St. Louis Fed President Alberto Musalem in his latest statement on the economy.
4h
Powell says Fed can afford to be a little more cautious
U.S. Federal Reserve Chair Jerome Powell on Wednesday said the economy is stronger now than the central bank had expected in ...
6h
Powell remarks watched for sign of pushback or support of Fed rate cut
U.S. Federal Reserve Chair Jerome Powell speaks on Wednesday with key jobs data due Friday, a "quiet" period for Fed ...
1h
Gold consolidates post-Powell remarks, eyes on US jobs data
Gold remains upwardly biased yet remains subdued between $2,600 to $2,650 for the last seven days. It is capped on the upside ...
5h
on MSN
Tech Stocks Extend Record Highs On AI Optimism, Marvell Rockets, Bitcoin Hovers Near $95,000: What's Driving Markets Wednesday?
Wall Street extended its rally on Wednesday, driven by robust gains in technology stocks, as investor optimism around ...
1d
Fed commentary, Foot Locker, ADP jobs data: What to Watch
Federal Reserve Chair Jerome Powell will be releasing a fresh round of commentary alongside St. Louis Fed President Alberto ...
4h
on MSN
Why One Fed Official Thinks Interest Rates Are At 'Appropriate’ Levels
Key Takeaways St. Louis Federal Reserve Bank President Alberto Musalem said interest rates were at “appropriately restrictive ...
11h
Jerome Powell Q&A: Markets await Fed chairman’s DealBook summit panel
Follow along with MarketWatch's live coverage of Fed Chairman Jerome Powell's discussion at the New York Times DealBook ...
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