Business

Fed Official Calls for Tighter Monetary Policy

Updated 2026-10-30 16:50 UTC 1 source Neutral

St. Louis Fed President Michael S. Musalem is advocating for tighter monetary policy soon following the recent decision to hold interest rates steady.

Coverage timeline — 2 articles

CNBC

St. Louis Fed's Musalem: Tighter monetary policy is needed 'soon'

Musalem's comments offer the first morsels of insight into what leaders at the Fed see next following this week's decision to hold interst rates steady.

2026-10-30 16:30 UTC

CNBC

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2026-10-30 16:41 UTC