Fed's Mester: I am likely to favor a hike at next meeting if current economic situation holds

FED'S MESTER: I DON’T SEE RATE CUTS HAPPENING ANY TIME SOON.

— Breaking Market News (@financialjuice) October 3, 2023

(US) Fed's Mester (non-voter): Expect to hit 2% inflation target by end of 2025; Fed is likely at or near peak interest rates
(More at https://t.co/JjM6Mxl74w)

— TradeTheNews.com (@Trade_The_News) October 3, 2023

MESTER: INFLATION RISKS ARE STILL TILTED TO THE UPSIDE

— *Walter Bloomberg (@DeItaone) October 3, 2023