Fed’s Musalem urges patience as Kashkari flags shifting balance of risks

In a speech overnight, St. Louis Fed President Alberto Musalem noted last week’s employment report, despite exceeding expectations, did not prompt him to alter his baseline outlook for the economy. He added that both inflation and the labor market are currently in a “good place,” with risks to the Fed’s dual mandate—price stability and full […]

The post Fed’s Musalem urges patience as Kashkari flags shifting balance of risks appeared first on Action Forex.