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Fed's Musalem says central bankers should explain policy decisions

Original: Fed's Musalem (2028 voter) says central bankers needn't make promises, but should tell the public how and why central bank makes policy decisions

St. Louis Fed President Alberto Musalem, a voting member on rate policy through 2028, said central bankers need not make promises about future policy, but should explain to the public how and why the central bank reaches its decisions. His remarks come as markets watch Fed communication closely ahead of upcoming rate decisions.

Why now: Investors and economists are focused on Fed officials' signals about future interest rate policy.

Alberto MusalemFederal Reserve

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• Fed's Musalem (2028 voter) says central bankers needn't make promises, but should tell the public how and why central bank makes policy decisions · Newsquawk

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