St. Louis Fed's Loretta Mester Calls for Modestly Higher Rates
2026-07-17 06:20:42
St. Louis Fed President Loretta Mester said the Federal Reserve should adopt a moderately higher interest-rate stance to better balance its dual goals of employment and price stability. According to Jin10, she cited inflation remaining above the 2% target, a resilient labor market, and easy financial conditions as the basis for her view.
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