22-September-2026
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Economy News
 
Exclusive-Fed's Musalem Says More Rate Hikes Likely Needed to Quell Inflation
22-Sep-2026

The Federal Reserve will likely need to hike interest rates further to lower inflation resulting from strong demand as well as a commodity price shock that has moved beyond oil, St. Louis Fed President Alberto Musalem said on Monday, adding that it would be better for the US central bank to act sooner than wait.

News Source:- https://money.usnews.com/investing/news/articles/2026-09-21/exclusive-feds-musalem-says-more-rate-hikes-likely-needed-to-quell-inflation