Wire flash
Fed's Musalem: Rates May Need to Rise Further to Curb Demand- and Supply-Driven Inflation
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
Federal Reserve Bank of St. Louis President Alberto Musalem stated that interest rates may need to increase further to curb inflation driven by both demand and supply factors. The comment, reported by financial news outlet Jin10, signals a hawkish stance from the central bank official, suggesting that current monetary policy may not be sufficiently restrictive to bring price pressures under control. Musalem's remarks highlight ongoing concerns about persistent inflation in the U.S. economy, which could prompt additional tightening measures by the Federal Reserve. The statement comes amid market speculation about the future path of interest rates and the central bank's efforts to achieve its 2% inflation target.
Source report
Federal Reserve official Musalem has indicated that interest rates may need to increase further in order to curb inflation driven by both demand and supply factors.
Source
金十数据Neutral / independent