The Federal Reserve is open to potential further interest rate cuts
2025-10-10 17:34:14
Mr. Musalem said the Fed was facing strains on its target; inflation remained high and there were signs of underlying weakness in the labour market. Only 10 per cent of the inflation seen was caused by tariffs. Caution should be exercised, with limited room for further easing before policy becomes too loose. Open to potential further rate cuts.
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