New St. Louis Fed president says first rate cut might not come for months — or even longer

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New St. Louis Fed president says first rate cut might not come for months — or even longer

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St. Louis Federal Reserve Bank President Alberto Musalem, in his first speech in his new role on the economy, said it could take months or even longer for conditions to emerge that would warrant cutting interest rates.

Source: https://www.marketwatch.com/story/new-s ... topstories
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