Fed’s Mester: The next phase is not when to reduce rates

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-fed3.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p>
<p>In a Financial Times interview, Cleveland Fed President Loretta Mester put emphasis on the duration of maintaining restrictive monetary policy to ensure that inflation reliably returns to the 2% target. That’s contrary to market expectations, which centers on timing and extent of rate cuts. Mester’s key statement, “The next phase is not when to reduce […]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/532272-feds-mester-the-next-phase-is-not-when-to-reduce-rates/">Fed’s Mester: The next phase is not when to reduce rates</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>