Fed's Musalem Expects More Rate Cuts

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 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 but Says Easing Path Is Less Clear
In his remarks, Musalem said monetary policy is "well positioned" to deal with the outlook and the current restrictive stance is appropriate given that core price pressures remain
Fed policymakers steer clear of December rate-cut guidance
U.S. central bankers on Tuesday said they continue to believe inflation is heading down to their 2% target and signaled support for further interest rate cuts ahead, but none pushed strongly for or against doing so when they next meet to set rates in two weeks.
Fed’s Musalem Says Time May Be Near to Slow or Pause Rate Cuts
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.
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Fed Warns Rate Cuts Aren’t Guaranteed
At the Queens Chamber of Commerce, Williams explained that the Fed is reducing rates because “while growth in demand has been ...
Interest Rate Debate Continues on December Cut
The minutes of the Fed's November meeting indicate the central bank's policymakers haven't decided on a rate cut next month.
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