Cleveland Fed President Loretta Mester: that the Fed could hike its interest rate in every monetary policy meeting

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4 May 2015

Cleveland Fed President Loretta Mester: that the Fed could hike its interest rate in every monetary policy meeting

Cleveland Fed President Loretta Mester said on Friday that the Fed could hike its interest rate in every monetary policy meeting. The employment reports will be indicative of a lot to her, she said.

"We're getting close to the point where it will be time to lift off," she noted.

Mester is not a voting member of the Federal Open Market Committee this year.

Foreign exchange market. European session: the euro traded lower against the U.S. dollar after the release of manufacturing PMIs for the Eurozone

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