Federal Reserve Bank of St. Louis President Alberto Musalem supports gradual interest rate cuts, emphasizing the need for patience to maintain economic stability. While acknowledging strong recent job ...
AlbertoMusalem, CEO of the St. Louis Fed. (Courtesy Federal Reserve Bank of St. Louis) While AlbertoMusalem, president of the Federal Reserve Bank of St. Louis, is optimistic that inflation ...
The Federal Reserve should lower interest rates “gradually” after its 50-basis point cut earlier this month, the Financial Times quoted St. Louis Fed President AlbertoMusalem as saying Friday.
A solid economy and inflation trending toward a 2% annual rate support slow-and-steady rate decreases, St. Louis Fed's AlbertoMusalem said. U.S. Stocks Drop to Start Week Major indexes slipped to ...
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