Fed’s Mester not eager to consider rate hikes

1715802288 f fed3


Cleveland Fed President Loretta Mester, in an interview with WSJ, expressed a cautious stance on interest rate hikes, stating, “I am not eager to consider interest rate hikes.” Mester emphasized that Fed is in a “really good place” to study the economy before deciding on the next steps for interest rates.

Mester highlighted that it’s too early to determine whether the disinflation has stalled or if inflation is set to reverse. She noted that there are clear indications that the real side of the economy is “moderating”, which is contributing to a better balance within the economy.

 



This article was originally published by a www.actionforex.com

Read it HERE

Share

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *