Cleveland Federal News

01.09 / 00:35

markets Ethereum Federal Reserve Bitcoin analysts open Bitcoin holds $20K, but analysts say BTC open interest leaves room for ‘more deleveraging’

Bitcoin (BTC) price continues to struggle at $20,000 and repeat dips under this level have led some analysts to project deeper downside in the short-term. Earlier in the week, independent market analyst Philip Swift tweeted that the Crypto Fear and Greed Index had dropped back to back to “Extreme Fear,” reflecting softening sentiment among investors.

02.04 / 16:43

markets Provident Progressive economy Remark President information Fed's Mester still expects rate cuts this year, but rules out May

Cleveland Federal Reserve President Loretta Mester said Tuesday she still expects interest rate cuts this year, but ruled out the next policy meeting in May.

16.11 / 20:49

Progressive economy President show reports Department Fed's Mester wants 'much more evidence' that inflation has been defeated

Cleveland Federal Reserve President Loretta Mester said Thursday that this week's news showing lower levels of inflation isn't enough to convince her that the central bank has won its battle against higher prices.

24.02 / 16:57

Target Fed's Mester says she has hope that inflation can be brought down without a recession

Cleveland Federal Reserve President Loretta Mester said Friday that interest rates likely need to keep moving higher to get inflation back to acceptable levels.

31.08 / 15:53

UPS Target Fighting Fed's Mester sees benchmark rate above 4% and no cuts at least through 2023

Cleveland Federal Reserve President Loretta Mester said Wednesday she sees interest rates rising considerably higher before the central bank can ease off in its fight against inflation.

03.06 / 21:47

DOW Action rate hikes Fed's Mester says inflation hasn't peaked and multiple half-point rate hikes are needed

Cleveland Federal Reserve President Loretta Mester said Friday that she doesn't see ample evidence that inflation has peaked and thus is on board with a series of aggressive interest rate increases ahead.

22.04 / 23:35

CME rate hikes shock interest rate hikes Fed's Mester casts doubt on the need for 'shock' interest rate hikes ahead

Cleveland Federal Reserve President Loretta Mester said Friday she's in favor of raising interest rates quickly to bring down inflation, but not so quickly as to disrupt the economic recovery.

09.02 / 21:51

Action rate hikes play Fed's Mester says 'each meeting is going to be in play' for rate hikes this year

Cleveland Federal Reserve President Loretta Mester laid out an aggressive plan for reducing easy-money policies this year, saying the central bank will be ready to hike rates at any meeting and should be looking at shedding mortgage-backed securities it is holding.

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