EconomyEXCLUSIVE: Fed's Musalem says more rate hikes likely needed to quell inflation

St. Louis Fed President Alberto Musalem said on Monday that the Federal Reserve will probably need to raise interest rates further to bring down inflation driven by strong demand and a commodity-price shock that has spread beyond oil. He said acting sooner would be preferable to waiting.

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RReuters★★★☆☆2026-09-21 18:35Original