Back to today’s briefing

Story perspectives

Fed's Musalem Warns Against Rate Cuts Amid Inflation

11/14/2025

34 8

Summary

Story summary

Alberto Musalem, president of the Federal Reserve Bank of St. Louis, cautions against further rate cuts while inflation stays above 2%.
He supports recent rate reductions to bolster the labor market.
He notes that current policy is between modestly restrictive and neutral.
Investors price in about a 50% chance of a rate cut at the Fed's December meeting.
Musalem expects a strong economic rebound in the first quarter of 2026.

1 of 1

Story summary

Alberto Musalem, president of the Federal Reserve Bank of St. Louis, cautions against further rate cuts while inflation stays above 2%.
He supports recent rate reductions to bolster the labor market.
He notes that current policy is between modestly restrictive and neutral.
Investors price in about a 50% chance of a rate cut at the Fed's December meeting.
Musalem expects a strong economic rebound in the first quarter of 2026.