St. Louis Fed President Musalem sees ‘limited room’ for more interest rate cuts

Key Points

St. Louis Fed President Alberto Musalem on Monday reiterated his support for last week’s interest rate cut but said he is wary about going much further.
“I believe there is limited room for easing further without policy becoming overly accommodative, and we should tread cautiously” on further reductions, he said.

Source

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