Mester says rising long rates not a negative, but is consistent with the economic outlook

Market news

13 February 2018

Mester says rising long rates not a negative, but is consistent with the economic outlook

Upside risks to forecast "more salient" than they have been in quite some time
Recovery in housing and real estate prices is "sustainable" and not in "bubble territory"

U.S. Stocks open: Dow -0.46% Nasdaq -0.41%, S&P -0.44%

Before the bell: S&P futures -0.47%, NASDAQ futures -0.64%

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