The most prominent statements of US Federal Reserve Member Meester regarding the interest rate cut

2023-12-18 11:56:39

US Federalist, Mister

According to Archyde.com news agency, US Federal Reserve Bank member Loretta Mester told the Financial Times on Monday: That markets are overestimating interest rate cuts by the US Federal Reserve.

In this context, Meister explained that the next stage is not when interest rates will be lowered, although this is the situation in which the markets are, but rather that the next stage will be regarding how long the US Federal Reserve needs to keep monetary policy tight.

It is worth noting that US Federal Reserve Member Goolsby said yesterday, Sunday: It is too early for the US Federal Reserve to declare victory in its battle once morest inflation, indicating that decisions to reduce interest rates will depend on the incoming economic data. The policymaker added that the US Federal Reserve should reduce inflation to the target level, indicating the possibility that disappointing data reports will prompt the US Federal Reserve to raise interest rates once more.

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