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Fed's Mester says will assess extent of credit tightening at the May FOMC meeting

Federal Reserve Bank of Cleveland President Loretta Mester in an interview.Mester spoke earlier:Fed's Mester: Inflation is still too high. Fed has more work to doMore from Mester: Fed has come a long way in tightening monetary policyMore now: Growth will be slow this year, well below trendBanking industry is strong, resilient and soundWill assess at May meeting how big and how long credit tightening may be Will evaluate peak funds rate at May meeting Need to get rate above 5% to meet 2% infla... Read More

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Fed

Mester

Says

Will

Assess

Extent

Credit

Tightening

Fomc

Meeting

Forex

Posted: Apr 20 2023, 20:16

Author Name: forexlive

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