MUSALEM said on Thursday that, like several Federal Reserve policymakers last month, he favored removing the 'easing bias' phrase from the post-meeting statement to preserve scope for rate increases. He said he supported this rate decision but that the 'easing bias' no longer fits the economic outlook and risk balance.

2026-05-29

MUSALEM said on Thursday that, like several Federal Reserve policymakers last month, he favored removing the 'easing bias' phrase from the post-meeting statement to preserve scope for rate increases. He said he supported this rate decision but that the 'easing bias' no longer fits the economic outlook and risk balance.