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Free AccessEyes on Fed non-voter Mester at the bottom of...>
FED: Eyes on Fed non-voter Mester at the bottom of the hour. She was previously
part of the hawkish Fed contingent, but in early Jan she pointed to greater
flexibility over the timing of additional hikes, telling CNBC that she doesn't
"feel an urgency to increase rates from where we are now because I see an
impending inflation problem. I don't see in the data. I do think that, you know,
we have to take into account that financial market conditions have tightened."
Mester had previously noted that the Fed has more time to assess policy as it
approaches the neutral rate.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.