Treasury Selloff Signals Need to Bolster Fed's Inflation Credibility, Musalem Tells FT The recent selloff in U. S.
Treasuries has sent a clear signal to the Federal Reserve: its credibility on inflation is waning, and it needs to act soon. St.
Louis Fed President Alberto Musalem's comments to the Financial Times highlight the central bank's predicament – it must balance tackling inflation with maintaining economic growth.