Fed’s Mester says forecast of 3 rate cuts this year is now probably too many
Posted: Mon May 20, 2024 8:41 pm
“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
Source: https://www.marketwatch.com/story/feds- ... topstories