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Fed's Mester says there's been no progress on inflation, so interest rates need to move higher

Por: MarketWatch Politics October 11, 2022

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“But at this point, my concerns lie more on – we haven’t seen progress on inflation , we have seen some moderation- but to my mind it means we still have to go a little bit further,” Mester said. the Cleveland Fed president said the central bank needed to be wary of wishful thinking about inflation that would lead the central bank to pause or reverse course prematurely. “Given current economic conditions and the outlook, in my view, at... + full article



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