
Fed's Musalem Signals More Rate Hikes Likely Over Next Six to Nine Months
St. Louis Fed president stops short of endorsing an October move, saying he doesn't 'prejudge' meetings as officials weigh stubborn inflation.
Oct 8, 20263 views

St. Louis Fed president stops short of endorsing an October move, saying he doesn't 'prejudge' meetings as officials weigh stubborn inflation.

Tom Orlik says governments, firms and households face mounting debt costs as Fed Chair Kevin Warsh heads into a pivotal policy meeting.

Six-to-three vote keeps interest rates steady as policymakers weigh easing domestic inflation against geopolitical risks from the Gulf crisis.