Fed's Musalem Rejects Further Rate Cuts
WSJ·2026-01-30 18:59
Core Viewpoint - St. Louis Fed President Alberto Musalem expressed reluctance to support further interest rate cuts due to persistent inflation above the Federal Reserve's 2% target [1] Summary by Relevant Categories Interest Rates - Musalem's stance indicates a cautious approach towards monetary policy adjustments, particularly in the context of ongoing inflationary pressures [1]