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Federal Reserve Musallam: There may be room for gradual easing of policy towards neutral interest rates
Mr. Musallam said there could be scope for a gradual easing of policy towards neutral rates and that stronger data could be behind the rise in Treasury term premiums. Data since the last policy meeting suggest the economy could be much stronger than expected. Inflation data were equally strong but have yet to change the view that policy is moving in a neutral direction. The latest CPI data was "in line with expectations" but would prefer to see support on the three-month basis of the data...
2024-11-14 06:18:06
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