Fed’s Mester Suggests Higher for Longer on Interest Rates

Fed’s Mester Suggests Higher for Longer on Interest Rates

We have watched with attention the new video of Bloomberg Television which is available on Youtube since May 16, 2024 and we think that it could catch the interest of many Internet users...

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For your information, you can find below the description of the video Fed’s Mester Suggests Higher for Longer on Interest Rates published by the Youtube channel Bloomberg Television:

Federal Reserve Bank of Cleveland President Loretta Mester thinks more data is needed by policymakers to be confident inflation is on a path to the central bank’s 2% target. Mester said, “holding our restrictive stance for longer is prudent at this point as we gain clarity about the path of inflation,” during remarks prepared for an event Thursday in Wooster, Ohio.
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