EconomyFed’s Musalem Calls for Meaningful Restraint on Inflation
Federal Reserve Bank of St. Louis President Alberto Musalem said inflation is running above the central bank’s 2% target. He argued that policymakers cannot tolerate even higher inflation while waiting for productivity growth to potentially strengthen. Musalem called for meaningful restraint in addressing price pressures.
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Bloomberg News★★★☆☆2026-08-07 06:30Original
Fed’s Musalem Calls for Meaningful Restraint on Inflation
Economy