Mester, Loretta J. on 2017 February 21 at 20:00
We certainly never want to surprise the market.
BLOOMBERG: At just 36% [probability] of a March hike [being priced in by the market], would you be comfortable moving next month? MESTER: Again, the market is always going to have a probability of what they think the Fed’s going to do. Our job is to be as transparent about the rationale of our policy path. We certainly never want to surprise the market… But I think most people, when they’re thinking about the U.S. economy, see it on a pretty good and sound footing. Mester, Loretta J.