Fed's Musalem says productivity is recovering, credit is crowded out
Fed's Musalem says productivity is seeing a recovery and that some parts of the economy are seeing credit get crowded out in comments on CNBC.
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Fed’s Musalem cites productivity recovery and inflation goal
Fed policymaker Musalem says productivity is recovering, the best support for growth is returning inflation to 2%, and some parts of the economy are seeing credit being crowded out.