Hints and tips:
...Loretta Mester, president of the Cleveland Fed and an FOMC voter, said on Tuesday that she still planned to cut rates three times — in line with what she thought back in December....
...“If the economy evolves as expected, I think we will gain [the confidence to cut] later this year, and then we can begin moving rates down.”...
...The Cleveland branch of the US Federal Reserve has launched a search for its next president ahead of Loretta Mester’s planned retirement in June 2024....
...Loretta Mester, president of the Cleveland Fed and a voting member on the Federal Open Market Committee next year, pushed back on expectations that the central bank will abruptly pivot towards lowering borrowing...
...Cleveland Fed president Loretta Mester will deliver a keynote speech at Columbia University....
...Loretta Mester, president of the Fed’s Cleveland branch, acknowledged on Tuesday that last week’s jobs report showed the labour market was “remarkably resilient”....
...Elsewhere, Cleveland Fed president Loretta Mester is scheduled to make a television appearance....
...Some of my best ideas have come from going out for a run down by the river – I often run down by Chiswick Mall. It clears the paths a bit. In another life I would have been an archaeologist....
...Her comments mark the latest intervention in the tense debate among officials over whether the Fed has squeezed the economy enough to bring inflation down....
...Loretta Mester, president of the Federal Reserve Bank of Cleveland, said in an interview with Bloomberg Television that Thursday’s data showed there was “more work to do” and reiterated her stance that March...
...Loretta Mester argues that the Fed’s median estimate of neutral long-term interest rates is too low at 2.6 per cent and has raised her estimate to 3 per cent....
...On an annual basis, the core figure is expected to tick down to 2.8 per cent from 2.9 per cent in December....
...While it pursues its case in the 2nd Circuit Court of Appeals, Judge Loretta Preska has ordered it to post assets worth some $5bn as collateral by January 10, after which point plaintiffs say they would...
...Factory output declined 1.5 per cent over the whole of last year and is down 10 per cent since before the Covid-19 pandemic hit....
...Loretta Mester: Well, the inflation forecasts were off....
...Yields on Treasury bonds reached the highest points in more than a decade this week, raising financing costs for businesses and consumers that could slow down the economy and tamp down prices without further...
...Loretta Mester, a senior official at the US Federal Reserve, today tried to dampen expectations, arguing that markets had jumped “a little bit ahead”....
...China also agreed in principle to crack down on the export to Mexico of chemicals used to make fentanyl, a synthetic opioid that has sparked a deadly drug epidemic in the US....
...It rapidly sent out the chairs of the New York, Atlanta and Cleveland regional Feds, John Williams, Raphael Bostic and Loretta Mester to hose down the exuberance....
...Loretta Lynn always had a story to tell and the raw voice to go with it....
...Federal Reserve Bank of New York President John Williams and Federal Reserve Bank of Cleveland President Loretta Mester also speak at public events today....
...Eton Park wound down its operations in 2017 following years of sub-par performance....
...The hedge fund’s lawyers found it almost impossible to pin down any sizeable Argentine holdings, with courts around the world rejecting claims on various sites and deposits....
...Cleveland Federal Reserve president Loretta Mester said on Thursday that she expected further tightening of monetary policy....
...Loretta Mester, president of the Cleveland Fed, said this week there was no “compelling” reason to wait before implementing another rate rise should data confirm more must be done to bring inflation under...
International Edition