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🚨 🇺🇸 Fed's Musalem says another rate hike will be needed soon as inflation stays too high
🚨 🇺🇸 Fed's Musalem says another rate hike will be needed soon as inflation stays too high
- 🇺🇸 St Louis Fed President Alberto Musalem said the Fed will need to raise rates again "soon", arguing that moving earlier and in small steps lowers the risk of a harder hit to the economy later (newswires, )
- 🇺🇸 He called policy and overall financial conditions still accommodative, said the economy and job market are strong, and judged inflation unlikely to ease without further Fed action, with risks still skewed higher
FO view: 23rd alert today.
Not investment advice.