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Financial conditions remain supportive of economic growth - St. Louis Fed's Musalem
Seeking Alpha ·
Seeking Alpha reports: "Financial conditions remain accommodative and supportive of economic growth," said the Federal Reserve Bank of St. Louis president Alberto Musalem. Musalem was speaking on the U.S. economy and monetary policy before "The Future of Fixed Income" Bloomberg event. Financing for the economy has tightened a bit over the last few weeks, but it is still at a very healthy level, according to Musalem. Credit spreads, particularly in the high yield, both in the private and…
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