Musalem Says Clear Framework Helps Fed Policy Transmission
St. Louis Fed President Alberto Musalem stated that clear communication regarding interest rate adjustments based on data improves monetary policy transmission.
Federal Reserve Bank of St. Louis President Alberto Musalem says providing clear communication about how a central bank will adjust interest rates based on incoming data can improve the transmission of monetary policy and lead to better economic outcomes during an event in London. (Source: Bloomberg)
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