• Fed's Mester sees more slack in labor market, expects unemployment to fall below 4 pct through 2019

Market news

27 March 2018

Fed's Mester sees more slack in labor market, expects unemployment to fall below 4 pct through 2019

  • No evidence that flat yield curve a signal of weak U.S. economy; structural factors likely at play

  • U.S. must get back to sustainable fiscal situation; rising debt raises uncertainty for economy

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