Fed’s Musalem Sees U.S. Rates Potentially Rising Over the Next Six to Nine Months
St. Louis Federal Reserve President Alberto Musalem said U.S. interest rates could move higher over the next six to nine months if inflation does not continue to ease, reinforcing the central bank’s higher-for-longer stance. His remarks underscore growing caution inside the Fed as policymakers weigh persistent price pressures against signs of a cooling economy.
