Free Trial

MNI PODCAST: FedSpeak-FOMC Should Follow Thru On Cuts -Mester

MNI interviews former NY Fed executive Rick Roberts.

EXECUTIVE SUMMARY
  • The Federal Reserve can get a few more rate cuts under its belt before officials need to pin down where interest rates will ultimately land, former Cleveland Fed President Loretta Mester tells MNI's FedSpeak podcast.
  • Economic data since the September FOMC meeting have shifted the risks to the outlook but not baseline expectations.
  • Timing of the next cut may be another close call, given how divided the committee was over September's jumbo move and dissipating fears of a pronounced job market slowdown, but Mester said she favors consecutive cuts.
Listen to the full podcast here

.

103 words

To read the full story

Close

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.
EXECUTIVE SUMMARY
  • The Federal Reserve can get a few more rate cuts under its belt before officials need to pin down where interest rates will ultimately land, former Cleveland Fed President Loretta Mester tells MNI's FedSpeak podcast.
  • Economic data since the September FOMC meeting have shifted the risks to the outlook but not baseline expectations.
  • Timing of the next cut may be another close call, given how divided the committee was over September's jumbo move and dissipating fears of a pronounced job market slowdown, but Mester said she favors consecutive cuts.
Listen to the full podcast here

.