NEW YORK, May 16 (Reuters) - Federal Reserve Bank of Cleveland President Loretta Mester said on Thursday holding U.S. central bank policy at current levels will help get still-high inflation back to ...
NEW YORK (Reuters) - Federal Reserve Bank of Cleveland President Loretta Mester said Friday that the latest round of inflation data is good news for the economy and the central bank. After being ...
(Bloomberg)—Federal Reserve Bank of Cleveland President Loretta Mester said that the central bank should be able to start cutting rates later this year, though she first wants to see more evidence ...
Cleveland Fed president Loretta Mester said Thursday that the latest reading on inflation doesn’t alter her calculus for three rate cuts later in 2024. A month-over-month jump in the Fed’s preferred ...
Feb 6 (Reuters) - Federal Reserve Bank of Cleveland President Loretta Mester said on Tuesday that if the U.S. economy performs as she expects it could open the door to rate cuts, but she’s not ready ...
Federal Reserve Bank of Cleveland President Loretta Mester said inflation data out Thursday showed that policymakers have more work to do to cool price pressures, but said it didn’t change her ...
(Bloomberg) — Federal Reserve Bank of Cleveland President Loretta Mester said she wants to see more evidence that inflation is headed lower before cutting interest rates, but noted recent figures have ...
With progress on inflation stalling in the first three months of 2024, Cleveland Fed President Loretta Mester echoes her Federal Open Market Committee colleagues in saying the policymakers need to ...
Cutting interest rates too soon would risk some of the progress seen on reducing inflation and might cause interest-rate policy to reverse course, Cleveland Federal Reserve President Loretta Mester ...
The rocky path of inflation back to the Federal Reserve’s 2% target rate reflected in the latest Consumer Price Index figures means that it is likely too soon for the central bank to cut its policy ...
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