Fed’s Musalem Says There Is Limited Room for Further Rate Cuts
NeutralFinancial Markets

Federal Reserve Bank of St. Louis President Alberto Musalem recently expressed his support for the recent interest-rate cut, viewing it as a precautionary measure against a potential downturn in the labor market. However, he cautioned that there is limited scope for further reductions due to ongoing high inflation. This insight is significant as it highlights the delicate balance the Fed must maintain between stimulating the economy and controlling inflation.
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