St. Louis Fed President Musalem sees ‘limited room’ for more interest rate cuts

Fed's Musalem says limited room for further rate cuts

WASHINGTON -St. Louis Federal Reserve President Alberto Musalem said on Monday he supported the rate cut at last week's Fed meeting as a precautionary move to protect the job market, but said there...

St. Louis Fed President Musalem sees 'limited room' for more interest rate cuts

Musalem on Monday reiterated his support for last week's interest rate cut but said he is wary about going much further.

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

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

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

Federal Reserve Bank of St. Louis President Alberto Musalem said he supported last week’s interest-rate reduction as a way to take out insurance against a weakening labor market, but sees limited room for more cuts amid elevated inflation.

The Fed Cuts Interest Rates…And Money Gets Tighter

Last week, the Fed started easing again, with a quarter-point cut in its overnight lending rate and a promise of more to come. But the bond market was not impressed: 10-year Treasury yield hits 2-week high despite Fed rate cut this week (CNBC) – U.S. Treasury yields rose on Friday as investors weighed the state […]

Fed’s Musalem warns Fed nearing limits on rate cuts - Cryptopolitan

Federal Reserve Bank of St. Louis President Alberto Musalem has argued that there’s limited room for more rate cuts despite increased inflation. He acknowledged that he championed last week’s 25-bps rate cut to take out insurance against a weakening labor market. The American economist maintained that interest rates are currently between modestly restrictive and neutral. He revealed that he would support further rate cuts if the labor market con…