Mester not sounding like an rate of interest lower is imminent.
Loretta Mester, president and CEO of Federal Reserve
Federal Reserve Financial institution Cleveland department
-
We need to get extra info earlier than we are able to say inflation is on a
sustainable path to 2% - This yr inflation
is a bit of greater than anticipated - We need to be fairly
assured inflation is on this downward trajectory - We now have sturdy labor
markets, stable financial development
This text was written by Eamonn Sheridan at www.forexlive.com.