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Tariffs are still flowing into the economy according to the Musalem.
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Musalem signals economic uncertainty
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Tariffs are still flowing into the economy according to the Musalem.
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Musalem signals economic uncertainty
Alberto Musalem from the US Federal Reserve commented to the US economic conditions and tariffs today. Here are the most important remarks.
Fed’s Musalem remarks
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Tariffs don’t appear to be passing through to services.
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Purchasing power is still an issue for many Americans.
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Tariffs will work through the economy into the middle of next year.
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Tariff impacts are still flowing into the economy.
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It’s premature to say what will come with FOMC meetings after October.
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We are in a particularly uncertain moment.
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I don’t make decisions based on one data point amid the broader shutdown.
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I see limited space before rate cuts would make policy accommodative.
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The Fed should not be on a preset course and should follow a balanced approach.
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I could support a path with another cut if more risks to jobs emerge and inflation remains contained.
Source: xStation5
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