17:37 · 17 October 2025

Fed's Musalem remarks on the US economy and tariffs🗽

Key takeaways

Tariffs are still flowing into the economy according to the Musalem.
Musalem signals economic uncertainty

EUR/USD

Forex

Key takeaways

Tariffs are still flowing into the economy according to the Musalem.
Musalem signals economic uncertainty

Alberto Musalem from the US Federal Reserve commented to the US economic conditions and tariffs today. Here are the most important remarks.

Fed’s Musalem remarks

Tariffs don’t appear to be passing through to services.
Purchasing power is still an issue for many Americans.
Tariffs will work through the economy into the middle of next year.
Tariff impacts are still flowing into the economy.
It’s premature to say what will come with FOMC meetings after October.
We are in a particularly uncertain moment.
I don’t make decisions based on one data point amid the broader shutdown.
I see limited space before rate cuts would make policy accommodative.
The Fed should not be on a preset course and should follow a balanced approach.
I could support a path with another cut if more risks to jobs emerge and inflation remains contained.

Source: xStation5

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