News list for "Musalem"
The Federal Reserve may pause interest rate cuts at its upcoming meeting.
Mr. Musalem said further rate cuts were possible given the economic outlook; supported last month's decision to cut rates by 50 basis points; the Fed needed to be patient; inflationary pressures were expected to continue to moderate; and employment and inflation were in "good shape".
The 2025 FOMC voting committee and St. Louis Federal Reserve President Mousalem will speak in ten minutes on the economic outlook and monetary policy.
Federal Reserve Musallam: Personal interest rate expectations are higher than the Federal Reserve's median view.
Mr. Musalem said recent data showed the Fed was making progress in controlling inflation and hoped for more evidence that inflation was heading towards 2 per cent.
美联储Musalem表示，5月零售销售数据意味着二季度需求温和；可能需要“几个季度”才能看到支持降息的数据；劳动力市场不再过热，但仍然趋紧；如果通胀进展停滞、甚至逆转，我将支持美联储加息；认为政策限制性程度存在不确定性；当前的货币政策立场允许美联储保持耐心，评估数据。
FED MUSALEM: It may take "several quarters" to see data supporting a rate cut.
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