Federal Reserve Musalem: Policy is approaching neutral, with limited room for easing
2025-11-13 19:21:44
Mr. Musalem of the Federal Reserve on Thursday reiterated his view that monetary policy is now closer to neutral than slightly tighter, meaning there is limited scope for further easing without excessive easing. "Looking ahead, we need to be cautious," Mr. Musalem said, noting that inflation was too high, at 3 per cent. "I think we need to keep the pressure on above-target inflation while providing some support to the labour market," he added.
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