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Fed's Mester: MonPol’s Moderating Demand, but Not as Fast as Expected
Mester: Rate Cut Depends on Progress with Inflation
— DB News TradFi (@DBNewswire) May 20, 2024
Mester: Lack of Progress on Inflation Was Not Welcome
Mester: No Risk in Spending More Time Gathering Data on Inflation Because Economy is Strong
Mester: MonPol’s Moderating Demand, but Not as Fast as Expected
Added at 1:11pm
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Mester: Still Think Inflation Will Come Down
— DB News TradFi (@DBNewswire) May 20, 2024
Mester: but Inflation Won’t Come Down Quickly
Added at 1:11pm
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Mester: if There’s Unforseen Deterioriation on Realside of Economy, Can Cut Rates
— DB News TradFi (@DBNewswire) May 20, 2024
Mester: Can Hold Rates, or Even Raise Them, if Inflation, Against Expectations Stalls Out or Reverses
Added at 1:14pm
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Fed’s Mester: Neutral Rate May Be Higher Than Previously Expected - BBG TV
— LiveSquawk (@LiveSquawk) May 20, 2024
- Says She Raised Her Estimate On Neutral Rate In March
- Previously Saw 3 Cuts In 2024, No Longer Believes 3 Cuts Is Appropriate
- Story Stats
- May 20, 2024 1:10pm Posted by
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