×

Fed’s Musalem says he wanted to remove ‘easing bias’

By Thomson Reuters May 28, 2026 | 12:23 PM

May 28 (Reuters) – St Louis Federal Reserve President ​Alberto Musalem ‌on Thursday said that he was one of ‌several ​U.S. ⁠central bankers ⁠last month who felt the Fed should remove ​the “easing bias” from its ⁠post-meeting ⁠statement, opening up ​the possibility of ​a rate hike.

“I ‌supported the interest rate decision, but I ⁠thought the easing bias was no ⁠longer ‌consistent with ⁠the outlook ​and ‌the balance of ​risks,” ⁠Musalem said in an interview on Bloomberg Television

(Reporting by Ann ​Saphir)