Loretta Mester, President of the Federal Reserve Bank of Cleveland, spoke earlier on monetary policy at Princeton University
More now, this from the following audience Q&A
- No evidence that flat yield curve a signal of weak US economy
- Structural factors are at play
More:
- Gradual rate hikes means not hiking at every meeting
- US must get back to a sustainable fiscal situation, rising debt raises uncertainty for economy
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There is no media Q&A scheduled at this event so I am not sutra if there will be more to come from Mester