Musalam: Monetary policy needs to be tightened, interest rates should be raised in the next 6 to 9 months

Federal Reserve official Musalam stated that monetary policy needs to be tightened to bring inflation back to target, and interest rates should be raised in the next 6 to 9 months; At present, the economy is quite strong, and the best thing the Federal Reserve can do is to reduce inflation; Market inflation expectations remain stable, and there have been no doubts about the credibility of the Federal Reserve.