U.S. producer prices rebounded in August, driven by a surge in the cost of gasoline, and there were also signs of a pickup in
The Federal Reserve shouldn’t wait until it reaches its economic goals before starting to tighten monetary policy, Cleveland Fed President Loretta Mester said Thursday.
The Federal Reserve is getting more dovish in the face of weak inflation data, reducing the likelihood of a third rate hike this year,
Inflation is falling “well short” of target so the Federal Reserve should be cautious about raising interest rates until it is confident of a
Cleveland Fed President Loretta Mester said Friday the Federal Reserve should stay on its path of monetary policy tightening, despite some recent weakness in