Fed's Musalem says 'modestly restrictive' rates still align with economic data

2 hours ago 1
Department of Treasury

Douglas Rissing

Federal Reserve Bank of St. Louis President Alberto Musalem said Wednesday the U.S. central bank should pursue monetary policy with a balanced approach, as the risks of persistent inflation pressures and higher unemployment give the Fed more room to hold rates at current "modestly

Recommended For You

Read Entire Article