• Fed's Mester says further rate hikes appropriate this year and next

Market news

20 April 2018

Fed's Mester says further rate hikes appropriate this year and next

  • Says gradual rate hikes would help avoid overheating, financial stability risks

  • Sees more than 2.5 pct gdp growth this year

  • U.S. Is "slightly beyond" full employment

  • Monetary policy and financial conditions still accommodative

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