Fed’s Mester says Fed at or near peak for interest rate target

[ad_1] Cleveland Federal Reserve President Loretta Mester speaks in London, Britain, July 2, 2019. REUTERS/Marc Jones/File Photo Acquire Licensing Rights NEW YORK, Oct 20 (Reuters) – Federal Reserve Bank of…

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…

Fed officials should clarify how they assess goals, Mester says

[ad_1] Sept 10 (Reuters) – As the U.S. economy continues to emerge from the crisis caused by the coronavirus pandemic, Federal Reserve officials should provide more clarity on how they…

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…