Fed’s Mester: Raising interest rates would be a "prudent step"

 

 

Fed Cleveland’s President Loretta Mester was on the wires, via Reuters, noting that raising interest rates would be a prudent step

 

 

Key headlines (via Reuters):

  • Prospects are likely higher for changes in fiscal, immigration, infrastructure and trade policies
  • Says ‘very uncertain’ how those changes will affect inflation, employment; ‘devil will be in the details’
  • Postponing hikes for too long would raise risks of recession and financial instability; fed not yet behind curve

Be the first to comment

 

Leave a Reply

Your email address will not be published.


*


What is 8 + 9 ?
Please leave these two fields as-is:
IMPORTANT! To be able to proceed, you need to solve the following simple math (so we know that you are a human) :-)