The U.S. economy remains strong, and Musalem observed that his business contacts are more concerned about inflation than the labor market. He added that he continues to enter all policy meetings with an open mind regarding the necessity of further tightening.
Tuesday, October 20, 2026
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Fed Musalem Calls for Rate Hikes to Reach 2% Inflation Target
US Markets12 days ago
The Federal Reserve requires a tighter monetary stance to combat stubborn price growth, official Alberto Musalem said. He stated that current inflation levels warrant consideration of interest rate increases to return inflation to the central bank's 2% target, noting that persistent demand pressures and supply shocks have kept prices elevated.
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