October 20, 2026
Business

Fed’s Musalem says no more rate cuts needed with policy now at neutral level(Soban News)

St. Louis Fed President Alberto Musalem stated that the US central bank should not cut interest rates further unless the job market weakens or inflation drops. He believes the current policy rate is neutral, with the economy poised for above-trend growth.

​St. Louis Fed President Alberto Musalem stated that the US central bank should not cut interest rates further unless the job market weakens or inflation drops. He believes the current policy rate is neutral, with the economy poised for above-trend growth. by Soban News (international And National News)

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