Federal Reserve Watch for Jan. 13: Musalem Sees Monetary Policy Well-Position, No Need for Reductions in Near-Term

02:37 PM EST, 01/13/2026 (MT Newswires) -- St. Louis Fed President Alberto Musalem (nonvoter) said at an MNI Webcast that he believes there is no reason for further rate reductions in the near-term and that monetary policy is well positioned to act as needed.

Recent comments of note:

(Jan. 12) New York Fed President John Williams (voter) said that he sees the current level of monetary policy as "well positioned" to help stabilize economy and bring inflation back toward the FOMC's 2% goal. He said that he has a favorable outlook for the US economy and that future rate adjustments will be based on the incoming data, the economic outlook and the balance of risks.

(Jan. 11) Fed Chairman Jerome Powell (voter) issued a statement, announcing a Department of Justice probe into his statements about the renovations to the Fed's Washington, DC headquarters. Powell said in his statement that he believes the probe to be another effort to influence the Fed to lower interest rates.

(Jan. 8) Fed Governor Stephen Miran (voter) said in an interview with Bloomberg TV that he expects 150 basis points of rate reduction in 2026, suggesting that the FOMC has maintained rates too high for too long, holding back the US economy as a result.

(Jan. 6) Richmond Fed President Tom Barkin (nonvoter) said that both sides of the Fed's dual mandate will require attention, saying that it is a "delicate balance" between above-target inflation and below target hiring that requires "finely tuned judgements."

(Jan. 6) Fed Governor Stephen Miran (voter) said in an interview with Fox Business that he believes that 100 basis points of reduction could be appropriate this year due to what he views as significant restrictiveness in monetary policy.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.