Fed's Musalem Says Lowering Rates Now Would Be 'Unadvisable'
Market Intelligence Analysis
AI-PoweredFederal Reserve Bank of St. Louis President Alberto Musalem advises against lowering interest rates, citing concerns about inflationary pressures.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
Federal Reserve Bank of St. Louis President Alberto Musalem says officials should hold off from lowering interest rates further at this time to prevent stoking inflationary pressures. He speaks at the annual Arkansas Business Forecast Luncheon in Rogers, Arkansas. (Source: Bloomberg)
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