La presidenta de la Fed, Mussailem: El riesgo de inflación supera al riesgo de empleo

Golden Finance report, May 6th, St. Louis Fed President Mu Salim stated that there is significant uncertainty regarding the outlook for the U.S. economy and monetary policy, but he believes that compared to employment risks, the current inflation risks are rising. Mu Salim said on Wednesday: “Inflation is significantly above our 2% target level. We face risks on both employment and inflation. Based on my understanding, the risks are tilting more towards inflation rather than employment.” Mu Salim noted that the Federal Reserve’s benchmark policy rate is currently at a neutral level, neither stimulating nor restraining the economy, or possibly slightly leaning towards easing. He said: “There are very reasonable scenarios that require us to keep the current policy rate unchanged for a period of time.” However, he also pointed out that he sees some scenarios that may require officials to further cut or raise interest rates.