St. Louis Federal Reserve President Alberto Musalem expressed caution about further interest rate cuts, citing concerns about inflation. The FOMC indicated a split view on future cuts, with some officials advocating for more reductions. Musalem sees the current federal funds rate as close to neutral, balancing economic growth and inflation risks.
Alberto Musalem, President and CEO of the Federal Reserve Bank of St. Louis, spoke to the Economic Club of New York, reiterating his support for a recent interest rate cut. Musalem emphasized the importance of caution in further easing monetary policy, expressing concerns about inflation and the need to balance economic growth and labor market conditions.

Read more at CNBC: St. Louis Fed President Musalem sees ‘limited room’ for more interest rate cuts