Fed's Mousallem: Open to potential further rate cuts
10/10 17:50
Federal Reserve's Mursalem said that the Fed's target is facing a tense situation; inflation remains high, and there are signs of potential weakness in the labor market. Of the inflation seen, only 10% is caused by tariffs. Caution should be exercised, as there is very limited room for further easing before policy becomes overly loose. Open to further interest rate cuts.
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