Cleveland Fed President Loretta Mester remains steadfast in her view that inflation is on track to Fed’s target, despite a month-over-month jump in the preferred inflation gauge. Nevertheless, “it does show you there is a little more work for the Fed to do,” Mester said in a Yahoo Finance interview overnight. Mester reiterated her December […]

The post Fed’s Mester: Inflation fight continues, yet three rate cuts still expected in 2024 appeared first on Action Forex.