Fed Mester: We’re not at the point where we should be thinking about stopping rate hikes


Cleveland Fed Pres. Loretta Mester

  • We’re not even in restrictive funds rate territory yet.
  • Dollar is among conditions that have tightened, is helpful on inflation
  • I would still like to see long-term inflation expectations fall
  • Also want to see continued progress on achieved inflation

There is no sign of a pivot here.


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