Fed's Mester on Monetary Policy, Outlook for Inflation | Metals Mine

  • Fed's Mester on Monetary Policy, Outlook for Inflation

    From youtube.com/markets

    Federal Reserve Bank of Cleveland President Loretta Mester says monetary policy is well-positioned and expects inflation to come down. Speaking with Mike McKee on Bloomberg Television, Mester also says three rate cuts in 2024 is probably no longer appropriate.
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hans91
May 20, 2024 8:24pm
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they need to raise rates more than current rates to combat inflation lower to 2%..
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AsiaArb
May 20, 2024 7:49pm
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The Problem withi this argument: The Fed does not know why progress on disinflation slowed in 1Q24.
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