Fed's Musalem says no more rate cuts needed with policy now at neutral level
Yahoo Finance·2026-01-31 02:31

WASHINGTON, Jan 30 (Reuters) - St. Louis Federal Reserve President Alberto Musalem said on Friday ​the U.S. central bank does not ‌need to cut interest rates further unless the job ‌market starts to deteriorate or inflation falls. The current 3.50%-3.75% policy rate range is neutral, Musalem said in remarks prepared for delivery to an ⁠event at the ‌University of Arkansas. With the economy expected to continue growing above trend, ‍there is no need to add monetary stimulus at a time when credit conditions ...

Fed's Musalem says no more rate cuts needed with policy now at neutral level - Reportify