Cleveland Federal Reserve Bank President Loretta Mester: gradual interest rate hikes are appropriate

Market news

1 April 2016

Cleveland Federal Reserve Bank President Loretta Mester: gradual interest rate hikes are appropriate

Cleveland Federal Reserve Bank President Loretta Mester said in an interview with Fox Business on Friday that gradual interest rate hikes were appropriate. She noted that she did not know how she would vote in April, adding that she wanted to see the incoming economic data.

Mester also said that she downgraded its forecast slightly compared to December, due to a slower economic growth in the fourth quarter.

New York Federal Reserve President William Dudley: the Fed should be cautious in raising its interest rate

Saudi Arabia’s deputy crown prince Mohammed bin Salman: the country will only freeze its oil output if Iran and other major oil producers will participate in such deal

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.