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Tag: Loretta Mester
Loretta Mester Says Fed Must Do More to Tackle Stubborn Inflation
[ad_1] Federal Reserve Bank of Cleveland President Loretta Mester said the U.S. central bank is much closer to the end of monetary policy tightening than the beginning, but it must…
Cleveland Fed President Reiterates Central Bank’s Resolve to Fight Stubborn Inflation
[ad_1] Federal Reserve Bank of Cleveland President Loretta Mester said Tuesday inflation remains too high and stubborn, and that it could take until 2025 to bring it down to the…
Fed Minutes Show Most Officials Favored Quarter-Point Rate Rise
[ad_1] Stronger economic conditions have boosted investors’ expectations for higher rates this year, according to the minutes. [ad_2] Source link
Fed’s Mester Would Have Supported Larger Rate Increase This Month
[ad_1] A Federal Reserve official said there was a strong argument for raising interest rates by a half percentage point at the central bank’s meeting earlier this month given the…