• Cleveland Fed president Mester: There's a possibility that growth is slowing more than the Fed expects

Notícias do Mercado

3 julho 2019

Cleveland Fed president Mester: There's a possibility that growth is slowing more than the Fed expects

  • Says Fed funds rate are about at neutral right now
  • Fed doesn't discount markets but looks at many factors
  • Says would like to see more inflation expectation data before reaching conclusions
  • The most likely outcome is that inflation moves back to 2%
  • Trying to assess how much growth is slowing
  • Fed is not in a position to give policy advice to the U.S. president Trump
  • No reason to think that Trump's nominees will make the Fed more political
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