Federal Reserve Bank of Cleveland President Loretta Mester spoke at length on Thursday US time:
- Fed's Mester: Recent data show demand side of economy not softening as expected
- Mester: More upside inflation surprises could make Fed policy more aggressive
- Fed's Mester: Fed will need to go above 5% and stay there for a while
She has spoken since, before the Financial Executives International Northeast Ohio Chapter, but did not anything different to her earlier remarks.