St Louis Fed’s Musalem Warns of Upside Risks to Inflation, Inflation Expectations
– FOMC Voter Says Policy Must Stay Restrictive Until Sure Inflation Headed To 2% By Steven K. Beckner (MaceNews) – St. Louis Federal Reserve Bank President Alberto Musalem said Thursday that the risk of inflation worsening is greater than the risk of labor markets deteriorating, as he advocated a continued “restrictive” monetary policy stance. Musalem, […]