Fed's Mester says she supports gradual rise in U.S. interest rates

Market news

14 May 2018

Fed's Mester says she supports gradual rise in U.S. interest rates

U.S. economy is slightly beyond level of full employment
Doesn't expect inflation to pick up sharply
Impact of U.S. tax cuts and government spending on economy still uncertain
Uncertainty over U.S. trade policy could cause firms to alter spending plans in the near term

China foreign ministry says China, U.S. will work together for positive outcomes on trade talks

Villeroy says end of net asset purchases is approaching, whether it will be in september or december is not an existential question

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