Fed’s Musalem Signals Rates Should Rise Next Six-to-Nine Months
Bloomberg Markets's headline. Reported by Bloomberg Markets.
What the sources say, in brief
According to Bloomberg Markets, St. Louis Fed president Alberto Musalem said interest rates will have to increase over the next six to nine months to bring inflation down in a timely manner. He stopped short of endorsing a rate hike at the Fed's October meeting, according to the same report. The excerpt is a partial extract from a single source, so no other outlet's account is available for comparison. The story is not marked as developing.
Key points
- St. Louis Fed president Alberto Musalem said rates will have to rise over the next six to nine months, according to Bloomberg Markets.
- Musalem said the increase is needed to bring inflation down in a timely manner, Bloomberg Markets reported.
- Musalem stopped short of endorsing a rate hike at the Fed's October meeting, according to Bloomberg Markets.
Generated from the headlines and excerpts below and checked automatically: any number or name not present in the sources rejects the summary, and each bullet is checked the same way. Version 4.
Fed’s Musalem Signals Rates Should Rise Next Six-to-Nine Months. According to Bloomberg Markets, St. Louis Fed president Alberto Musalem said interest rates will have to increase over the next six to nine months to bring inflation down in a timely manner. He stopped short of endorsing a rate hike at the Fed's October meeting, according to the same report. The excerpt is a partial extract from a single source, so no other outlet's account is available for comparison. The story is not marked as developing. Covered by 1 publications. Bloomberg Markets: Fed’s Musalem Signals Rates Should Rise Next Six-to-Nine Months.
Who is covering it
- Bloomberg Markets United States Fed’s Musalem Signals Rates Should Rise Next Six-to-Nine Months St. Louis Fed president Alberto Musalem said that interest rates will have to increase over the next six to nine months in order to bring inflation down in a 'timely manner,' but stopped short of endorsing a rate hike at the Fed's October meeting. Musalem, speaking with Bloomberg's Mike McKee at the 8 Oct · Tier 1
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