Fed’s Musalem: Tariffs likely to stay as balance sheet decision kept separate from policy
More from Federal Reserve Bank of St. Louis President Alberto Musalem.
- Said the central bank’s outlook assumes current US tariffs will remain in place, and that the recent Fed balance sheet decision was made independently of monetary policy.
- He added that there is a “promising debate” within the central bank over what rate the Fed should target in the future — a sign of ongoing internal discussion about how best to guide rates and manage liquidity conditions as balance sheet normalisation continues.
Earlier:
