Business leaders are becoming increasingly concerned about the economic consequences of rising prices and trade uncertainty, suggested St. Louis Fed President Alberto Musalem.
Key Quotes
- Business executives are trying to figure out how to manage uncertainty about supply chains, inventory, and inflation.
- Businesses expect higher prices for inputs and outputs; the Fed is watching that carefully.
- Do not want a rise in short-term inflation expectations to bleed into longer-term ones
Source: https://www.fxstreet.com/news/feds-musalem-business-expect-higher-prices-202505231416