Cleveland Fed president Mester see no policy changes coming from GameStop saga - CNBC

Market news

4 February 2021

Cleveland Fed president Mester see no policy changes coming from GameStop saga - CNBC

Says top regulators should be looking at GameStop trading saga and how it is impacting markets
Does not think it’s something that’s influencing her monetary policy views right now
Thinks that we need to ensure that it’s fair marketplace, as financial markets are important for economy
Says she is glad that Treasury Secretary Yellen is getting all the regulators together to look at what happened
Accommodative policy is necessary, as economy continues to climb from the pandemic-induced hole
Just because unemployment is low, we’re not going to necessarily move monetary policy

It’s really going to be, we need to see what’s going on with inflation

Atlanta Fed president Bostic: Not my expectation that Fed would need to taper asset purchase program this year - Yahoo Finance

U.S. factory orders rise more than expected in December

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