St. Louis Fed’s Musalem says more rate hikes may be needed
Alberto Musalem warned the Fed may need to raise interest rates further to rein in inflation, suggesting recent policy moves may still be providing economic stimulus.
Federal Reserve Bank of St. Louis President Alberto Musalem said the central bank may need to raise interest rates further to fully rein in price pressures, and that monetary policy may still be supporting the economy despite a recent rate hike. In an interview with…