More from Fed's Mester: The actions the Federal Reserve took seem to have stabilised banks
<p>Loretta Mester, president and CEO of Federal Reserve Bank Cleveland branch.</p><p>Earlier:</p><ul><li><a href="https://ift.tt/2KdQGW0" target="_blank" rel="follow" data-article-link="true">Fed's Mester: Fed will need to raise rates above 5% and keep them there for a while</a></li></ul><p>Q&A with mester now:</p><ul><li>The Federal Reserve took rapid action to deal with stress in the bank sector</li><li>The actions the Federal Reserve took seem to have stabilised banks</li><li> <p> Was very comfortable with the Fed's recent 25 basis point rate rise</p></li><li><p>Economy still has an issue with too-high inflation</p></li><li><p>Doesn't share the market outlook for cutting rates this year</p> </li></ul> This article was written by Eamonn Sheridan at www.forexlive.com.
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Analytic Dave
AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.
