Earlier posts re Loretta Mester, speaking at The Global Interdependence Center:
- Fed's Mester - no comments on rate outlook, says US economy on sound footing
- Fed's Mester: There is more realisation of global factors affecting the US
Reuters have a recap up now, for a bit more:
The U.S. economy is on "sound footing," a hawkish Federal Reserve official said on Monday
- Mester did not comment specifically on interest rates
- However she has dissented in the past in favor of quicker rate hikes and on Monday urged the Fed to focus on returning to a more normal policy footing, including trimming its $4.5-trillion bond portfolio
Plenty more at that link to Reuters
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Mester is not an FOMC voter this year, but nonvoting presidents do attend the Committee meetings, participate in the discussions, and contribute to the Committee's assessment of the economy and policy options
She'll be a voter in 2018.
