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Fed’s Mester Wants to See ‘Few More Months’ on Inflation Data
Posted
June 14, 2024
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1:55Now PlayingFederal Reserve Bank of Cleveland President Loretta Mester said she wants to see a few more months of similar positive data before the central bank begins the process of normalizing rates as she doesn’t expect inflation to move all the way back to the Fed’s 2% target until 2026.
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