- Supported a rate cut in December due to increased risks to employment and reduced inflation risks. - I believe the Federal Reserve's monetary policy is currently approximately neutral and well-balanced. - I see no reason for further easing of the Federal Reserve's monetary policy in the near future. - Additional rate cuts may be possible if the labor market worsens or inflation slows down more rapidly.
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$GT Musalem, Federal Reserve Chair:
- Supported a rate cut in December due to increased risks to employment and reduced inflation risks.
- I believe the Federal Reserve's monetary policy is currently approximately neutral and well-balanced.
- I see no reason for further easing of the Federal Reserve's monetary policy in the near future.
- Additional rate cuts may be possible if the labor market worsens or inflation slows down more rapidly.