Fed's Musalem sees lower odds of 2% inflation at current rates
Fed's Musalem says current Fed rates imply a lower probability of getting inflation to 2% and argues hiking rates now could avoid more aggressive action later.
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Fed rates outlook: MUSALEM cites lower odds of 2% inflation
MUSALEM says that, given current Fed rates, the probability of inflation reaching 2% is lower and that hiking rates now could reduce the need for more aggressive action later.
Fed's Musalem says current rates lower odds of 2% inflation
Fed's Musalem says current Fed rates make it less likely inflation returns to 2%, and says hiking now could avoid more aggressive action later.