Mester in an unscheduled appearance on Fox Business:
- USD, low oil have all been drags
- Gradual path of rate normalization appropriate
- My own forecast was revised down a little bit from Dec
- Policy path might change as data comes in
- Expects wages will begin to accelerate on jobs gains
Mester is a hawk but she's still a team player and doesn't stray too far from the core of the FOMC.