Federal Reserve's Mester: If Employment Faces Greater Risks and Inflation is Controlled, May Support Path of Further Rate Cuts

BlockBeats News, October 18, 2025 - FOMC Voter and St. Louis Fed President, Mursaleem, stated in a speech: "If there is greater risk to employment and inflation remains controlled, I may support the path of further rate cuts. The Fed should not stick to a predetermined course but should take a balanced approach. I believe there is limited room before easing policy through rate cuts. Currently, it is crucial for the Fed to remain cautious." (FXStreet)