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Fed Mester: Another hike needed as timing crucial in taming inflation

Fed Mester: Another hike needed as timing crucial in taming inflation
Cleveland Fed President Loretta Mester indicated her support for another rate hike, albeit with flexibility on its exact timing. “It doesn’t necessarily have to be September, but I think this year,” she commented on Saturday. Mester’s focus was clear: Fed needs to bring inflation down to 2% target by the end of 2025. “The longer […] The post Fed Mester: Another hike needed as timing crucial in taming inflation appeared first on Action Forex... Read More
Posted: Aug 28 2023, 03:49
Author Name: actionforex
Views: 103176

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