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Federal Reserve's Mursaleen: Policy Rates May Need Adjustment if Job Market Risks Intensify

Summary: According to sources, Federal Reserve's Mursaleen stated that the entire rate path should be considered, not just the rate decision of a single meeting. Inflation is already above target levels and poses ongoing risks. The next employment report could impact the decision on rate cuts, depending on its contents. While job market risks are increasing, ...

According to sources, Federal Reserve's Mursaleen stated that the entire rate path should be considered, not just the rate decision of a single meeting. Inflation is already above target levels and poses ongoing risks. The next employment report could impact the decision on rate cuts, depending on its contents. While job market risks are increasing, they have not yet materialized, and it is expected that the inflation effects of tariffs will gradually fade. The rate path may include a pause in rate cuts.

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Link: Federal Reserve's Mursaleen: Policy Rates May Need Adjustment if Job Market Risks Intensify   [Copy]
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