Federal Reserve's Musalem: If employment faces more risks and inflation is under control, I may support a path of further rate cuts.

BlockBeats News, October 18, 2025 FOMC voting member and St. Louis Fed President Musalem delivered a speech: If employment faces more risks and inflation is under control, I may support a path of further rate cuts. The Federal Reserve should not stick to a predetermined course, but should adopt a balanced approach. He believes there is limited room before rate cuts make policy more accommodative. It is crucial for the Federal Reserve to remain cautious at present.