wricaplogo

Mester, Loretta J. on 2017 August 16 at 15:00

I am not there yet. I still think we need to start bringing back some of the accommodation... [Risks to the Fed's current median forecast of one more rate hike this year and three next year] are balanced.

"I am not there yet. I still think we need to start bringing back some of the accommodation," by raising rates and pressing forward with plans to reduce the size of the Fed's asset holdings, Mester, who is toward the central bank's hawkish wing, told Reuters. Risks to the Fed's current median forecast of one more rate hike this year and three next year "are balanced," she added. Mester, Loretta J.

Reuters Interview

More From:

See Also: