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Fed's Musalem Expects More Rate Cuts
Fed’s Musalem Sees Risk of Cutting Rates Too Much, Too Soon
Federal Reserve Bank of St. Louis President Alberto Musalem sees a risk that progress toward 2% inflation could stall, or possibly reverse.
Fed's Musalem expects more rate cuts but says easing path is less clear
St. Louis Federal Reserve President Alberto Musalem said on Wednesday he expects the U.S. central bank will be able to continue to cut interest rates but warned the pace of future actions has grown less clear.
Fed’s Musalem Says Time to Pause Rate Cuts May Be Near
Federal Reserve Bank of St. Louis President Alberto Musalem said it may be time for policymakers to slow the pace of interest-rate cuts amid higher than desired inflation and declining concerns over the labor market.
Fed's Musalem raises possibility of slowing or pausing rate cuts
The time "may be approaching" for the Federal Reserve to consider slowing the pace of interest rate cuts or pausing altogether to await further data, St. Louis Fed President Alberto Musalem said, on Wednesday.
Fed's Musalem expects more rate cuts, keeping options open on December meeting
St. Louis Federal Reserve President Alberto Musalem said on Wednesday he expects the U.S. central bank will be able to continue to cut interest rates but isn't ready to say what he thinks should happen at its policy meeting later this month.
Fed's Musalem: Time May Be Near to Slow or Pause Cuts
Federal Reserve Bank of St. Louis President Alberto Musalem said, "the time may be approaching to consider slowing the pace of interest rate reductions, or pausing, to carefully assess the current economic environment,
6h
on MSN
Why One Fed Official Thinks Interest Rates Are At 'Appropriate’ Levels
St. Louis Fed President Alberto Musalem said interest rates were at “appropriately restrictive” levels and urged a “patient” ...
12h
Fed's Musalem: Will wait to see data before deciding on December meeting
St. Louis Federal Reserve President Alberto Musalem said on Wednesday that it might be possible to pause rate cuts at the upcoming meetings, and added that they are keeping all options for the ...
8h
Powell remarks watched for sign of pushback or support of Fed rate cut
U.S. Federal Reserve Chair Jerome Powell speaks on Wednesday with key jobs data due Friday, a "quiet" period for Fed ...
Channel NewsAsia Singapore
2h
Wall Street stocks advance, dollar steady amid political turmoil in South Korea, France
Global shares were mixed and the euro was steady on Wednesday as markets digested political turmoil in South Korea, where ...
3h
Gold consolidates post-Powell remarks, eyes on US jobs data
Gold remains upwardly biased yet remains subdued between $2,600 to $2,650 for the last seven days. It is capped on the upside ...
1d
Fed commentary, Foot Locker, ADP jobs data: What to Watch
Federal Reserve Chair Jerome Powell will be releasing a fresh round of commentary alongside St. Louis Fed President Alberto ...
13h
Further easing of monetary policy likely if inflation heads toward target: St. Louis Fed's Musalem
Learn about the insights shared by St. Louis Fed President Alberto Musalem in his latest statement on the economy.
13h
Jerome Powell Q&A: Markets await Fed chairman’s DealBook summit panel
Follow along with MarketWatch's live coverage of Fed Chairman Jerome Powell's discussion at the New York Times DealBook ...
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