Published Date Feb 20, 2025

"In the current environment, the stakes are higher than they would be if inflation was at or below target," Musalem stated during his prepared speech for the Economic Club of New York. He added that the risk of inflation expectations becoming unanchored is elevated, especially considering the recent period of high inflation experienced by consumers and businesses.

READ MORE: St. Louis Fed president warns of rising inflation risks

By Caroline Gaudette

9 Views,

Flag

Please sign in to flag this as inappropriate.

• Tweet