✉news BusinessBanking first seen 1 d ago, last 18 h ago, peak #27
Fed's Musalem calls for clearer explanation of policy decisions
Original: Musalem wants the Fed to explain how and why it sets policy — not exactly what it'll do
St. Louis Fed President Alberto Musalem says the central bank should focus on explaining how and why it sets monetary policy, rather than signaling exactly what it will do next. His comments add to the ongoing debate over how much forward guidance the Fed should give markets and the public.
Why now: Markets are closely watching Fed communication amid uncertainty over the path of interest rates.
Alberto MusalemFederal Reserve
Evidence
- Musalem wants the Fed to explain how and why it sets policy — not exactly what it'll do · Yahoo Finance
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