{"id":72753,"date":"2025-10-11T22:07:17","date_gmt":"2025-10-11T22:07:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/72753\/"},"modified":"2025-10-11T22:07:17","modified_gmt":"2025-10-11T22:07:17","slug":"feds-musalem-says-open-to-further-cuts-if-labor-market-weakens","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/72753\/","title":{"rendered":"Fed\u2019s Musalem Says Open to Further Cuts If Labor Market Weakens"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Federal Reserve Bank of St. Louis President Alberto Musalem said he supported last month\u2019s interest-rate reduction as a way to take out insurance against the weakening labor market, but reiterated officials need to continue leaning against elevated inflation.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">\u201cLooking ahead, I am open-minded about a potential further reduction in interest rates to provide further insurance against labor market weakening,\u201d Musalem said Friday during an event in Springfield, Missouri. \u201cI believe that we have to tread with caution, because there\u2019s limited room for further easing before monetary policy could become overly accommodative.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Federal Reserve Bank of St. Louis President Alberto Musalem said he supported last month\u2019s interest-rate reduction as a&hellip;\n","protected":false},"author":2,"featured_media":72754,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,1951,219,1122,866,246,1943,3508,3678,220,28414,8123,111,139,69,5651],"class_list":{"0":"post-72753","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economics","10":"tag-economy","11":"tag-employment","12":"tag-federal-reserve","13":"tag-finance","14":"tag-inflation","15":"tag-interest-rates","16":"tag-labor","17":"tag-markets","18":"tag-missouri","19":"tag-monetary-policy","20":"tag-new-zealand","21":"tag-newzealand","22":"tag-nz","23":"tag-reserve-bank"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/72753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=72753"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/72753\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/72754"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=72753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=72753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=72753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}