Fed, Musalem
Fed's Musalem argues for more rate cuts, says data to drive easings
Federal Reserve Bank of St. Louis President Alberto Musalem said on Monday he supports more interest rate cuts as the economy moves forward on a healthy path, while noting that it is appropriate for the central bank to be cautious and not overdo easing monetary policy.
Fed’s Musalem says going slow on interest-rate cuts makes sense
Cutting interest rates at a gradual pace seems to make sense given where the economy is today, St. Louis Fed President Alberto Musalem said Monday. “I view the costs of easing too much, too soon as greater than the costs ofeasing too little,
Fed’s Musalem Warns Against Easing Too Quickly, Prefers Patience
Federal Reserve Bank of St. Louis President Alberto Musalem said he supported the US central bank’s decision last month to lower interest rates by a half point, but emphasized he’d prefer further reductions to be gradual.
Monetary Movements: Musalem Advocates for Cautious Rate Cuts
Federal Reserve Bank of St. Louis President Alberto Musalem supports gradual interest rate cuts, emphasizing the need for patience to maintain economic stability. While acknowledging strong recent job data,
Fed's Musalem: More rate cuts likely but data will drive policy choices
Federal Reserve Bank of St. Louis President Alberto Musalem said on Monday that he supports additional interest rate cuts as the economy moves forward. Musalem further stated that performance will determine the path of monetary policy, according to Reuters. Further gradual reductions in the policy rate will likely be appropriate over time.
Fed's Williams says appropriate again to cut rates 'over time', FT reports
(Reuters) -Federal Reserve Bank of New York President John Williams said that it will be appropriate again for the central bank to reduce rates 'over time,' after September's big half percentage point rate cut,
Fed's Musalem says more rate cuts likely but data will drive policy choices
Federal Reserve Bank of St. Louis President Alberto Musalem said on Monday he supports more interest rate cuts as the economy ...
Dollar drifts near 7-week highs as traders consider US rates outlook
The dollar clung to seven-week highs against major currencies on Tuesday as investors pondered the outlook for U.S. rates ...
Barron's3mon
St. Louis Fed’s Chief Sees Months, or 'More Likely Quarters' Before Cutting Rates
Alberto Musalem, CEO of the St. Louis Fed. (Courtesy Federal Reserve Bank of St. Louis) While Alberto Musalem, president of the Federal Reserve Bank of St. Louis, is optimistic that inflation ...
Gold eases as dollar firms; focus on Fed cues, US data
Gold prices edged lower on Tuesday, pressured by a stronger dollar, while market participants awaited minutes of the Federal ...
Morningstar12h
News Highlights: Top Global Markets News of the Day - Monday at 9 PM ET
A solid economy and inflation trending toward a 2% annual rate support slow-and-steady rate decreases, St. Louis Fed's Alberto Musalem said. U.S. Stocks Drop to Start Week Major indexes slipped to ...
U.S. News & World Report11d
Fed Should Cut Interest Rates 'Gradually,' Musalem Says
(Reuters) - St. Louis Federal Reserve Bank President Alberto Musalem on Friday said the U.S. central bank should cut interest rates "gradually" after what he called the "strong and clear message ...
MarketWatch1mon
Stock Market Today: Dow scores three-day win streak, S&P 500 and Nasdaq post best six-day gain since November 2022
St. Louis Fed President Alberto Musalem said Thursday “the time may be nearing” for the central bank to cut rates as inflation slows. He became at least the third senior Fed official to ...