Fed’s Mester says forecast of 3 rate cuts this year is now probably too many

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Fed’s Mester says forecast of 3 rate cuts this year is now probably too many

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“I was on the record before saying I was at the median [forecast] which was three,” Loretta Mester said Monday. “The developments I’ve seen in the economy right now, I would not think that that’s still appropriate.”

Source: https://www.marketwatch.com/story/feds- ... topstories
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