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MNI INTERVIEW2 (RPT): Fed's Mester Sees Upside Inflation Risk

(MNI) Washington

Cleveland Fed President not yet convinced inflation has peaked.

(Repeats article first published on May 17.)

Cleveland Fed President Loretta Mester cautioned against concluding that U.S. inflation has peaked after CPI moderated for the first time in eight months in April, saying risks are still to the upside.

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(Repeats article first published on May 17.)

Cleveland Fed President Loretta Mester cautioned against concluding that U.S. inflation has peaked after CPI moderated for the first time in eight months in April, saying risks are still to the upside.

Keep reading...Show less