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...While January’s jobs report showed the labour market was “remarkably resilient”, Mester said other indicators, such as the ECI, pointed “to some moderation”....
...Loretta Mester, president of the Cleveland Federal Reserve and a voting member of the Federal Open Market Committee, on Tuesday said she had raised her estimate of the longer-run federal funds rate to 3...
...“I think three is still reasonable, but it’s a close call,” Mester said during the briefing....
...But, of course, we’ll have to see how the economy evolves,” Mester said. She added there was “no feeling now that we have to rush”. “Policy’s in a good place now,” Mester said....
...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....
...Fedspeak: Cleveland Fed president Loretta Mester will deliver a speech before the South Franklin Circle Dialogue....
...“The next phase is not when to reduce rates, even though that’s where the markets are at,” Mester told the Financial Times in an interview....
...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”....
...Cleveland Fed president Loretta Mester will deliver remarks on the economic outlook at the Cleveland Association for Business Economics and Team NEO Luncheon....
...Cleveland Fed President Loretta Mester will participate in a conversation hosted by the Global Interdependence Centre....
...However, Mester cautioned against reading too much into Thursday’s inflation figures....
...Cleveland Fed president Loretta Mester will deliver remarks on the economic outlook at a European Economics and Financial Centre virtual event....
...Cleveland Fed president Loretta Mester will deliver a keynote speech at Columbia University....
...Fedspeak: Cleveland Fed president Loretta Mester will deliver a speech at the Ohio Bankers League economic summit....
...Powell, Mester and Barkin may also use their remarks to address jitters in the US banking sector....
...Elsewhere, Cleveland Fed president Loretta Mester is scheduled to make a television appearance....
...However, Mester cautioned against reading too much into the December consumer price index release....
...Cleveland Fed president Loretta Mester and Fed board governor Michelle Bowman speak at public events later today....
...Meanwhile, Cleveland Fed president Loretta Mester will speak about financial stability at a policy conference in Chicago....
...Loretta Mester, Cleveland Fed president and a voting member of the Federal Open Market Committee, said on Tuesday that she had upgraded her own estimate from 2.5 per cent to 3 per cent, on the back of the...
...past two weeks have been roughly bookended on the hawkish side by Atlanta Fed president Raphael Bostic and Fed governor Christopher Waller, and on the more moderate side by Cleveland Fed president Loretta Mester...
...However, Mester, one of the more hawkish regional presidents, signalled she was disappointed at the progress on containing price pressures so far....
...Fedspeak: Cleveland Fed president Loretta Mester will give the keynote address at a conference hosted by the Manhattan Institute for Policy Research in New York....
...Monetary policy: Federal Reserve governor Michelle Bowman, Cleveland Fed president Loretta Mester and San Francisco Fed president Mary Daly will all participate in events today....
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