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St. Louis Fed’s Musalem suggests greater caution is warranted on reducing interest rates, WSJ reports

ReutersJan 10, 2025 10:48 AM

- St. Louis Fed President Alberto Musalem suggested greater caution on reducing interest rates, the Wall Street Journal reported on Friday.

In an interview with the newspaper, he also said that by the time of last month's meeting, the risk that inflation might get stuck between 2.5% and 3% had increased.

(Reporting by Chandni Shah in Bengaluru
Editing by Peter Graff)

((Chandni.shah@thomsonreuters.com;))

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