St. Louis Fed President Musalem suggests current rates could persist, George Selgin argues

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Yaroslav Dmytrenko

02.04.2026

St. Louis Fed President Musalem suggests current rates could persist, George Selgin argues — Fed president signals rates steady ahead

George Selgin comments on recent statements from St. Louis Fed President Alberto Musalem, who indicated that the Federal Reserve's current interest rate settings are likely to remain appropriate for some time.

Selgin interprets Musalem's remarks as a form of calendar-based guidance from the central bank, highlighting the implication that the policy rate could stay at its current level for an extended period.

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Selgin has recently drawn attention to persistent disagreements in the economics profession over NGDP targeting within 20th-century economic thought. He has also criticized U.S. policy proposals that would require bank charters for stablecoin issuers, arguing this move defeats the intended purpose of such issuers. His latest comments add to his ongoing analysis of central bank decision-making and regulatory frameworks.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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