INVESTINGLIVEGreg Michalowski
Feds Musalem: Caution warranted in the face of upward inflation pressures
St. Louis Fed Pres. Musalem is speaking and he says: Fed’s real policy rate is below the long-run neutral rate, longer-term inflation expectations are drifting up, and the labor market remains stable. Fed’s caution is warranted given the risk of renewed upward inflation pressures
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