Nothing surprising in these comments from Federal Reserve Cleveland head Dr. Loretta Mester - she's said these before in one form or another
- The Fed is not behind the curve on rate
- Rate move is on the table for every policy meeting
- Lots of headwinds point to a lower long-run equilibrium funds rate
- Does not Believe the fed will have to add further accommodation
- Gradual upward path in rates appropriate
- QE remains best tool to add accommodation to market
- says she is not a fan of negative interest rates