St. Louis Fed President Sees Uncertainties, Suggests Stable Rates Amid Inflation Risks

Published: May 9, 2026 17:52

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St. Louis Fed President Musalem noted that the current economic and monetary policy outlook is fraught with numerous uncertainties. In terms of monetary policy, the risks have shifted toward a rise in inflation, and based on this, it may be necessary to keep interest rates stable for a period of time. He also mentioned that the US Fed's benchmark policy rate is currently either at a neutral level or may be in a slightly accommodative stance.

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