Fed’s Musalem: Persistent tariff inflation could delay cuts or force hikes

St. Louis Fed President Alberto Musalem warned that while the initial effects of import tariffs may be short-lived, their broader inflationary impact could linger. He stressed concern that underlying inflation may be influenced more persistently than expected, and if so, Fed might have to consider a tighter policy stance. Although this isn’t his baseline scenario, […]

The post Fed’s Musalem: Persistent tariff inflation could delay cuts or force hikes appeared first on Action Forex.