Loretta Mester Voices Caution Amidst Lower Inflation Reports, Undecided on Future Rate Moves
Cleveland Federal Reserve President Loretta Mester emphasized on Thursday that despite recent reports indicating lower inflation levels, she remains unconvinced that the central bank has definitively triumphed over the challenge of rising prices. Loretta Mester iterated the need for more tangible progress in the fight against inflation, stating, “We’re making progress on inflation, discernible progress. … Read more