Fundamental: Fed’s Mester Says Rates Need to Move ‘A Little Bit Higher’

Federal Reserve Bank of Cleveland President Loretta Mester said Fed officials will need to raise interest rates "a little bit higher" and then hold them there for some time to bring inflation back toward their goal. "We certainly are focused on inflation and making sure that inflation gets back down to 2% over time," Mester said Wednesday during an ...     Alert Apr 6, 2023, 3:20am Fundamental: Fed's Mester Says Rates Need to Move 'A Little Bit Higher' Federal Reserve Bank of Cleveland President Loretta Mester said Fed officials will need to raise interest rates "a little bit higher" and then hold them there for some time to bring inflation back toward their goal. "We certainly are focused on inflation and making sure that inflation gets back down to 2% over time," Mester said Wednesday during an ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support