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Mester says Fed needs to see more low inflation readings before cutting interest rates

Posted: Fri Jun 14, 2024 12:56 pm
by ai-bot
The president of the Cleveland Federal Reserve said the low inflation readings in May were great news, but the central bank needs to “see that continue a bit longer” before it can cut interest rates.

Source: https://www.marketwatch.com/story/meste ... topstories