Federal Reserve's Mossala: Inflation risks outweigh employment risks; policy rates likely to remain unchanged.

According to Huoxun Finance, St. Louis Federal Reserve President Mohamed Mussalaim stated that there is significant uncertainty regarding the outlook for the U.S. economy and monetary policy. He believes that the risks to inflation are currently rising compared to employment risks. Mussalaim pointed out that inflation is significantly above the 2% target level, and the risks are more inclined towards inflation than employment. He mentioned that the Fed's benchmark policy rate is currently at a neutral level, possibly slightly leaning towards easing. There is a reasonable scenario for maintaining the current policy rate unchanged, but further rate cuts or increases may also be necessary.