Por: MarketWatch Politics November 29, 2023
Traders in derivative markets expect the Fed to hold rates steady at their next meeting on Dec. 12-13. Mester’s comments seem to fit well with those expectations. Markets also expect rate cuts next year. As a result, the 10-year Treasury yield has fallen to 4.29%. In her remarks, Mester didn’t mention cuts. “Whether the fed funds rate needs to go higher than its current level and for how long policy needs to remain restrictive will depend... + full article
MarketWatch USA Politics October 20, 2023
It will be useful if unending questions about the length of that period could be laid to rest, she said. “Getting away from the meeting-to-meeting guessing game of will they or won’t they increase the funds rate would seem to add some beneficial stability allowing firms and... + más
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MarketWatch USA Politics July 11, 2023
The Cleveland Fed president said that “a slightly higher policy rate” would get the benchmark rate up to a level where the next move could either be a rate hike or a rate cut. “This would be a good holding point as we accumulate more inflation about whether the economy is... + más
KTLA anchor Mark Mester fired after emotional on-air defense of Lynette Romero | Los Angeles Times
Fed's Mester: Rate hikes have begun to quell US inflation | ABC News
Fox Business USA Business May 31, 2023
Check out what's clicking on FoxBusiness.com One top Fed bank official doesn't see a reason to pause interest rate hikes. President and chief executive officer of the Federal Reserve Bank of Cleveland, Loretta Mester said there was no compelling reason to wait before... + más
Associated Press USA Business January 19, 2023
WASHINGTON (AP) — Growing evidence that shows that the Federal Reserve’s sharp interest rate hikes are working as intended, . But further rate hikes are still needed, she says, to decisively crush the worst inflation bout in four decades.“We’re beginning to see the kind... + más
ABC News USA Business January 18, 2023
WASHINGTON -- Growing evidence that high inflation is finally easing shows that the Federal Reserve's sharp interest rate hikes are working as intended, says Loretta Mester, a key Fed policymaker. But further rate hikes are still needed, she says, to decisively crush the... + más
Fed's Mester: Rate hikes have begun to quell US inflation | Associated Press
MarketWatch USA Politics October 11, 2022
“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... + más
Fed Governors Shed No New Light On 4.6% Peak Funds Rate | Forbes
Los Angeles Times USA Entertainment September 24, 2022
KTLA-TV Channel 5 fired news anchor Mark Mester Thursday afternoon, days after he was suspended following an off-script segment in which he criticized the station's handling of his co-anchor Lynette Romero's abrupt departure, according to several employees at the... + más
Lynette Romero lands at KNBC after tumultuous KTLA departure | Los Angeles Times
Here's what led KTLA to fire ex-anchor Mark Mester after a week of drama | Los Angeles Times
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