Fed’s Musalem backs rate cut as precaution, sees limited room for more
NeutralFinancial Markets

Federal Reserve official Musalem has expressed support for a precautionary rate cut, indicating that there may be limited room for further adjustments in the future. This stance is significant as it reflects the Fed's cautious approach to monetary policy amid economic uncertainties, suggesting that they are prioritizing stability over aggressive rate changes.
— Curated by the World Pulse Now AI Editorial System