Fed’s Musalem wants more proof inflation is slowing before backing interest-rate cuts

The first decline in consumer prices in four years is encouraging, but St. Louis Federal Reserve Bank President Alberto Musalem wants to see more evidence inflation is slowing before he will back a reduction in interest rates.
Article Attribution | Read More at Article Source
[mwai_chat context=”Let’s have a discussion about this article:nnThe first decline in consumer prices in four years is encouraging, but St. Louis Federal Reserve Bank President Alberto Musalem wants to see more