Federal Reserve's Mester: Supports another rate hike, but needs to proceed with caution

2023-04-21 00:47:22

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ChainCatcher news, Fed's Mester: I support another rate hike, but we need to proceed with caution. I support raising rates above 5%. Inflation remains too high, and it has proven to be stubborn. We are now closer to the end point of the tightening cycle. Real rates need to stay in positive territory for a period of time. (source link)

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