Fed's Mester Highlights Risks of Hasty Rate Reductions
Tuesday, 2 April 2024, 16:09
Cleveland Fed's Mester Warns Against Premature Rate Cuts
Cleveland Fed President, Loretta Mester, has issued a strong warning against rushing into rate cuts, stating that the 'bigger risk' lies in taking such actions too soon. Mester's remarks add an insightful perspective to the ongoing debate surrounding monetary policy.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.