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Macro Finance

Fed's Musalem Expresses Preference to Raise Rates

Bloomberg Markets·August 6, 2026·1 min read

Federal Reserve Bank of St. Louis President Alberto Musalem explained his preference to raise rates at the Federal Open Market Committee's July meeting. Speaking in São Paulo, he also discussed the outlook for inflation. His comments signal a hawkish stance within the Fed, emphasizing the need for tighter monetary policy.

Read at Bloomberg Markets
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