Federal Reserve Bank of Cleveland President Loretta Mester said the US central bank should consider ways to better communicate to the public how economic conditions will affect future policy decisions.
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Fed's Mester: Fed statements would benefit from some added length'While simpler is often seen as a virtue, it can also be a detriment, since policymaking has to be done in an uncertain world, one in which the economy is...
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Central bankers should acknowledge blind spots in a less certain world, Fed's Mester saysIn nearly 40 years working for and helping lead the Federal Reserve, Cleveland Fed President Loretta Mester was part of a revolution that saw the U.S...
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Central bankers should acknowledge blind spots in a less certain world, Fed's Mester saysIn nearly 40 years working for and helping lead the Federal Reserve, Cleveland Fed President Loretta Mester was part of a revolution that saw the U.S...
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Fed’s Mester Suggests Interest Rates Should Stay High for LongerFederal Reserve Bank of Cleveland President Loretta Mester said policymakers need more data to be confident inflation is on a path to the central bank’s 2% target, and suggested officials should keep interest rates elevated for longer to make it happen.
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Fed’s Collins, Mester Emphasize Need for More Data to Cut RatesTwo Federal Reserve officials reinforced a higher-for-longer message on interest rates, emphasizing a need for patience as the central bank waits for more evidence inflation is moving lower.
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Fed's Williams says next Fed move likely to be lower ratesFederal Reserve Bank of New York President John Williams said Monday that at some undefined point the U.S. central bank will lower its interest rate target...
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