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St. Louis Fed President Musalem (2025 voter) will be speaking at the top of the hour.

St. Louis Fed Pres. Musalem is scheduled to speak at the top of the hour. Musalem is a voting member in 2025. Back on October 7, Musalem spoke and said:

  • More rate cuts likely given economic outlook.
  • Won't predict timing or size of future Fed easings.
  • Personal rate outlook is above Fed’s median view.
  • Costs of easing too much outweigh easing too little.
  • Supported Fed’s decision last month to cut rates by 50 basis points.
  • Policy patience has served Fed well.
  • Cooler job market still consistent with strong economy.
  • Expects inflation pressures to continue to abate.
  • Expects inflation to converge to 2% over next couple of quarters.
  • Financial conditions remain supportive of growth.
  • Some economic activity slowed by rate policy, election uncertainty.

That was over a month ago. So how he weighs in now will be interesting given the backup in yields and other economic and other developments since that time

This article was written by Greg Michalowski at www.forexlive.com.




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Fed's Musalem: Recent info suggests inflation risks have risen

  • Risks to the jobs market have remain unchanged or have fallen
  • Fed may be on the 'last mile' to price stability, inflation expected to converge to 2% over the medium term
  • Monetary policy well posited, Fed can 'judiciously and patiently' judge income data to decide on further rate cuts
  • Strong economy on track for a 'solid' fourth quarter
  • Growth is broad-balanced and driven by consumption, income growth, productivity, supportive financial conditions and wealth effects
  • Recent high productivity could prove durably structural but that remains uncertain
  • Core inflation remain elevated
  • Pressure in services industries slowly abating

This is the third Fed official who has floated some more-hawkish hints. It's hardly a signal of a pause in December but early 2025 is going to be interesting. There are meetings in January, March and May. Assuming a cut in Dec, there is one cut fully priced in for that period (and a smidge more).

That sounds about right based on the comments and data but that's going to swing based on the next set of numbers and beyond.

This article was written by Adam Button at www.forexlive.com.




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More from Musalem: Data since prior meeting suggests economy may be materially stronger

More hawkish comments from the St Louis Fed President

  • Inflation data is also stronger but has not yet changed view that policy is on a path to neutral
  • There is likely space for a gradual easing of policy towards neutral rate
  • Stronger data likely pushing Treasury yields higher
  • Too soon to understand new administration
  • Rising bond yields also offer a sense of higher inflation risk and some sense the Fed may not cut as much
This article was written by Adam Button at www.forexlive.com.




musa

Abu Musab al-Zarqawi is Dead Meat

At least he still has his head attached, which is more than we can say for his victims.

You live by Violence, You Die by Violence


Related links: current events, current affairs, terror, terrorism, terrorist




musa

Blessed Musa, the Maiden




musa

Blessed Musa the Maiden




musa

Blessed Musa the Maiden (5th c.)

"St Gregory the Dialogist relates of her that she was a mere nine years old when the most holy Mother of God appeared to her on two occasions, surrounded by virgins bathed in light. When Musa expressed her desire to be included in the resplendent company of the Queen of heaven, the Mother of God told her that she would come for her and take her within a month, outlining for her how she should spend those thirty days. On the twenty-fifth day, Musa took to her bed and on the thirtieth day the most pure and holy Mother again appeared to her, calling to her in a quiet voice, to which Musa replied: 'Here I am waiting, my Lady! I'm ready!', and she breathed forth her spirit. She passed from this life to life eternal in the fifth century." (Prologue)




musa

Blessed Musa the Maiden (5th c.)

"St Gregory the Dialogist relates of her that she was a mere nine years old when the most holy Mother of God appeared to her on two occasions, surrounded by virgins bathed in light. When Musa expressed her desire to be included in the resplendent company of the Queen of heaven, the Mother of God told her that she would come for her and take her within a month, outlining for her how she should spend those thirty days. On the twenty-fifth day, Musa took to her bed and on the thirtieth day the most pure and holy Mother again appeared to her, calling to her in a quiet voice, to which Musa replied: 'Here I am waiting, my Lady! I'm ready!', and she breathed forth her spirit. She passed from this life to life eternal in the fifth century." (Prologue)




musa

Blessed Musa the Maiden (5th c.)

"St Gregory the Dialogist relates of her that she was a mere nine years old when the most holy Mother of God appeared to her on two occasions, surrounded by virgins bathed in light. When Musa expressed her desire to be included in the resplendent company of the Queen of heaven, the Mother of God told her that she would come for her and take her within a month, outlining for her how she should spend those thirty days. On the twenty-fifth day, Musa took to her bed and on the thirtieth day the most pure and holy Mother again appeared to her, calling to her in a quiet voice, to which Musa replied: 'Here I am waiting, my Lady! I'm ready!', and she breathed forth her spirit. She passed from this life to life eternal in the fifth century." (Prologue)




musa

Blessed Musa the Maiden (5th c.)

"St Gregory the Dialogist relates of her that she was a mere nine years old when the most holy Mother of God appeared to her on two occasions, surrounded by virgins bathed in light. When Musa expressed her desire to be included in the resplendent company of the Queen of heaven, the Mother of God told her that she would come for her and take her within a month, outlining for her how she should spend those thirty days. On the twenty-fifth day, Musa took to her bed and on the thirtieth day the most pure and holy Mother again appeared to her, calling to her in a quiet voice, to which Musa replied: 'Here I am waiting, my Lady! I'm ready!', and she breathed forth her spirit. She passed from this life to life eternal in the fifth century." (Prologue)




musa

Marquis Who's Who Honors Musa Ali Mufti, MD, for Success in Medicine

Dr. Musa Ali Mufti is noted for his contributions to medicine as a musculoskeletal radiologist and Director of Musculoskeletal Intervention at Jamaica and Flushing Hospital




musa

Marquis Who's Who Honors Laura R. Musacchio, PhD, for Expertise in Landscape Architecture and Higher Education

Laura R. Musacchio, PhD, is a dedicated educator and fellow at the University of Minnesota




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Bulbul : majallah usbūʻīyah muṣawwarah

Location: Main Library- PN4835.B85




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Musa Rahimbhai Saiyed vs State Of Gujarat on 12 November, 2024




musa

Postcolonial feminist interpretation of the Bible [Electronic book] / Musa W. Dube.

St. Louis, Mo. : Chalice Press, [2000]




musa

Manuel de physique amusante, ou, Nouvelles récréations physiques: contenant une suite d'expériences curieuses, instructives et d'une exécution facile, ainsi que diverses applications aux arts et à l'industrie: suivi d&

Archives, Room Use Only - Q164.J85 1829




musa

Musa Alzuain, boxer accused of murdering Jason De Ieso, denied bail

South Australian champion boxer Musa Alzuain was seen in the possession of the same type of firearm as the one that was used to gun down Jason De Ieso (pictured) in 2012, a court hears.




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Saeed Musabbeh of Al Ain wins a header over Taha Khenissi of ES Tunis

AL AIN, UNITED ARAB EMIRATES - DECEMBER 15: Saeed Musabbeh of Al Ain wins a header over Taha Khenissi of ES Tunis during the FIFA Club World Cup UAE 2018 Second round match between ES Tunis v Al Ain at the Hazza bin Zayed Stadium on December 15, 2018 in Al Ain, United Arab Emirates. (Photo by David Ramos - FIFA/FIFA via Getty Images)




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After the final - Interview on South Africa’s soccer World Cup with Nhlanhla Musa Nene, Deputy Minister of Finance

In 2010 South Africa became the first African country to host the FIFA soccer World Cup, which is one of the biggest global sporting events on earth. Was it a triumph and what lessons could be drawn?




musa

The stronger we become: the South African pavilion / Dineo Seshee Bopape, Tracey Rose, Mawande Ka Zenzile ; curated by Nkule Mabaso, Nomusa Makhubu

Rotch Library - N6488.I8 V433 2019 S6




musa

Nhema musasa lessons DVD #3.

Browsery DVD MT654.M38 N445 2014




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Nhema musasa lessons DVD #2: variations.

Browsery DVD MT654.M38 N443 2014




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Machine learning in aquaculture: hunger classification of Lates Calcarifer / Mohd Azraai Mohd Razman, Anwar P. P. Abdul Majeed, Rabiu Muazu Musa, Zahari Taha, Gian-Antonio Susto, Yukinori Mukai

Online Resource




musa

Culture and the natural environment: ancient and modern Middle Eastern texts / edited by Sharif S. Elmusa

Rotch Library -




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Seminole Indian mother holding child in Musa Isle