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

https://mins.news/en/item/67811

- Reuters, 2026-09-21 18:35 UTC
- Economy
- Original: https://www.reuters.com/business/feds-musalem-says-more-rate-hikes-likely-needed-quell-inflation-2026-09-21/?link_source=ta_bluesky_link&taid=6ab178d8b314680001fef82e

> 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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