Alberto Musalem
ON THE RECORD · 6 verbatim quotes · every quote source-verified
“remarkably stable and balanced.”
Alberto Musalem · said 2026-10-30 · reported 2026-10-30
Musalem described the labor market as remarkably stable and balanced.
“I judge that additional firming of monetary policy will be necessary, and soon,”
Alberto Musalem · said 2026-10-30 · reported 2026-10-30
Musalem said in prepared remarks for the Shadow Open Market Committee that additional firming of monetary policy would be necessary soon.
“Incremental adjustments made earlier are usually less disruptive than larger and abrupt actions taken later,”
Alberto Musalem · said 2026-10-30 · reported 2026-10-30
Musalem argued that incremental adjustments made earlier are less disruptive than larger actions taken later.
“Moving sooner in smaller steps while inflation expectations are anchored has a better chance of succeeding without adverse impact on the labor market or economic growth.”
Alberto Musalem · said 2026-10-30 · reported 2026-10-30
Musalem said moving sooner in smaller steps has a better chance of succeeding while inflation expectations are anchored.
“The short-run economic costs of reducing inflation are less when the central bank acts before inflation has become entrenched and is expected to persist.”
Alberto Musalem · said 2026-10-30 · reported 2026-10-30
Musalem said short-run costs of reducing inflation are lower when the central bank acts before inflation becomes entrenched.
“The best that monetary policy can do now for employment and economic growth is to restore price stability in a timely manner,”
Alberto Musalem · said 2026-10-30 · reported 2026-10-30
Musalem said the best monetary policy can do for employment and growth is restore price stability in a timely manner.