Fed's Musalem: US monetary policy 'well positioned' and should hold 'for some time'

Comments from the St Louis Fed President War shocks have increased risks to economy and inflationHe can see scenarios of both hiking and cutting ratesMon pol currently at the low end of neutral (I think he means top of neutral range)Supply shocks carry greater inflation risks in current environmentTariffs are still inflation driver but should waneSays he's cautious… War shocks have increased risks to economy and inflation He can see scenarios of both hiking and cutting rates Mon pol currently at the low end of neutral (I think he means top of neutral range) Su... War shocks have increased risks to economy and inflation He can see scenarios of both hiking and cutting rates Mon pol currently at the low end of neutral (I think he means top of neutral range) Supply shocks carry greater inflation risks in current environment Tariffs are still inflation driver but should wane Says he's cautious about looking through energy shock Baseline case is good growth, moderating inflation and stable… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.