Fed's Musalem says containing inflation pressure is key
SPY•St. Louis Fed President Alberto Musalem said he is focused on preventing inflation pressure from broadening, particularly in core services excluding housing.
1. Focus on services inflation
Musalem said one of his key focuses is containing further broadening of inflation and second-round effects. He said he is particularly focused on core services inflation excluding housing and preventing price pressures there from worsening.
