Stagflation-like trend can’t be ruled out, Fed’s Musalem says

The U.S. economy is facing the potential risk of a period in which the labor market softens as inflation heats up, St. Louis Federal Reserve Bank President Alberto Musalem said on Thursday.

Feb 20, 2025 - 20:18
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Stagflation-like trend can’t be ruled out, Fed’s Musalem says
The U.S. economy is facing the potential risk of a period in which the labor market softens as inflation heats up, St. Louis Federal Reserve Bank President Alberto Musalem said on Thursday.