Loretta Mester News

09.09 / 23:57

WSJ Transcript: WSJ Interview With Cleveland Fed President Loretta Mester

Cleveland Fed President Loretta Mester discussed inflation, the economy and Fed interest rate increases in an interview with The Wall Street Journal on Friday. Here is a transcript, lightly edited for clarity.

08.09 / 17:11

UPS Target Remark Watch Fed Chair Jerome Powell speak live in a Q&A at the Cato Institute

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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.

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.

03.08 / 16:49

UPS Fighting rate hikes interest rate hikes Fed's Bullard sees more interest rate hikes ahead and no U.S. recession

St. Louis Federal Reserve President James Bullard said Wednesday that the central bank will continue raising rates until it sees compelling evidence that inflation is falling.

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.

11.04 / 16:25

Ethereum Bitfinex BitMEX Bitcoin fall Bitcoin & Crypto Fall as Market Awaits US Inflation Numbers, ‘Overvalued’ Tech Stocks Worry Traders

The crypto market traded lower over the weekend, with US inflation data, possible moves by the US Federal Reserve (Fed), and bearish-looking technology stocks all weighing on investors’ sentiment and causing worry about the way forward.

03.03 / 19:25

UPS Target Action rate hikes interest rate hikes Cleveland Fed President Mester says Ukraine war accelerates the need for interest rate hikes

War in Ukraine only heightens the need for higher interest rates to get inflation under control, Cleveland Fed President Loretta Mester said Thursday.

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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