Cleveland Fed Pres: Inflation Staying Above 2% ‘Well Beyond 2025’ Is ‘in the Cards Now in Terms of the Forecast’

Posted on August 26, 2023

During an interview with Bloomberg on Friday, Cleveland Federal Reserve Bank President Loretta Mester stated that she doesn’t want to entertain inflation remaining above 2% for longer than needed due to under-tightening and she wouldn’t want to see the timeline

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