Fed's Musalem: Interest Cuts Support Job Market, Inflation Fading
Update: 2025-11-07
Description
Federal Reserve President Alberto Musalem defends interest rate cuts, stating theyre crucial for job market support. He believes current policy is slightly supportive, aiding economic activity and labor market. Fed lowered rates in October and September, aiming to combat inflation while boosting employment. Musalem also notes tariffs impact on inflation, expecting it to wane in the second half of next year.
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