ylliX - Online Advertising Network
General Market News

Fed’s Mester says case for half-percentage-point rate hike in March not compelling

Fed's Mester says case for half-percentage-point rate hike in March not compelling

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

(Reuters) -The Federal Reserve will have to move faster than it has in the past to remove accommodation and tame inflation that is well above target, but it may not be necessary to start the liftoff in interest rates with a half-percentage-point hike in March, Cleveland Fed Bank President Loretta Mester said on Wednesday.

...read full article on Reuters

ylliX - Online Advertising Network