\n
I could support a path with another cut if more risks to jobs emerge and inflation contained.<\/p>\n
Fed should not be on preset course and followed balanced approach.<\/p>\n
Sees limited space before rate cuts would make policy accomodative.<\/p>\n
Important for Fed to be cautious right now<\/p>\n
Doesn’t make decisions on one data point amid broader shutdown.<\/p>\n
Important for the Fed to go meeting by meeting on policy deliberations.<\/p>\n
We are in a particularly uncertain moment.<\/p>\n
It’s premature what to say comes with FOMC meetings after October.<\/p>\n
Tariff impacts still flowing into economy.<\/p>\n
Tariffs will work through economy into middle of next year.<\/p>\n
Retailers feeling increased pressure to pass on tariffs.<\/p>\n
Consumer-facing firms facing more trouble passing through tariffs.<\/p>\n
Purchasing power ‘still an issue’ for many Americans.<\/p>\n
Inflation is still a very big thing for consumers.<\/p>\n
It is really important for Fed to get inflation back to 2%.<\/p>\n
Some are saying non-interest rate related costs matter more right now.<\/p>\n
Tariffs don’t appear to be passing through to services.<\/p>\n
Service inflation has been at high level, needs more work to lower.<\/p>\n
Totally commmitted to a target of 2%, believes Fed supports same.<\/p>\n
By second half of 2026 will move back toward 2% inflation, but needs policy to lean against inflation.<\/p>\n
Business contacts say job market has cooled.<\/p>\n
Labor market is not a source of inflation.<\/p>\n
Broadly speaking, job market is around full employment right now.<\/p>\n
Job gains have been affected by immigration changes.<\/p>\n
Sees 30k-80k job market breakeven rate.<\/p>\n
We could see negative payroll prints but unemployment may not move.<\/p>\n
Is not seeing an increase in layoffs<\/p>\n
We are not in imminent problem for job market but risks have increased.<\/p>\n
Monetary policy is somewhere been restrictive and neutral.<\/p>\n
Financial conditions are accomodative right now.<\/p>\n
Equity prices are not a key part of thinking about the economy.<\/p>\n
You always have to worry about credit market risks.<\/p>\n
Some recent stress in credit markets not tied to macro environment.<\/p>\n
Contacts say credit conditions are really good right now.<\/p>\n
Independence of monetary policy is critical but requires transparency and accountability.<\/p>\n
Consumption from all income groups has been strong, wealthy benefiting from wealth effects.<\/p>\n
Low probability next Fed leader will not be qualified.”<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
Federal Reserve (Fed) Bank of St. Louis President Alberto Musalem spoke at the Institute of International Finance Annual Membership Meeting in Washington, DC. He said that he could support a path with another rate cut if more risks to jobs emerge and inflation is contained, and that the Fed should not be on a preset […]<\/p>\n","protected":false},"author":2,"featured_media":407298,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-408537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/408537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=408537"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/408537\/revisions"}],"predecessor-version":[{"id":408538,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/408537\/revisions\/408538"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/407298"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=408537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=408537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=408537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}