The Fed should continue its gradual approach to raising interest rates, Cleveland Fed President Loretta Mester said on Monday.
The threat of a trade war poses risks to what is an otherwise robust growth picture, Cleveland Fed President Loretta Mester said Monday.
The recent market sell-off and jump in volatility will not damage the economy's overall strong prospects, Cleveland Fed president Loretta Mester said.
U.S. stock index futures fell deep into the red ahead of Tuesday’s open, pulling back from the sharp gains posted in the previous trading session.
Gold prices rose on Friday, supported by a weaker dollar amid worries about a possible U.S. government shutdown.
The economy faces higher deficits, lower benefits and near-zero interest rates unless Congress acts, the Fed's Loretta Mester says.
The Fed shouldn't wait until it reaches its economic goals before tightening monetary policy, Cleveland Fed President Loretta Mester said.
It's high time for the Federal Reserve to normalize and move ahead with raising rates, JPMorgan International Chairman Jacob Frenkel said.
Cleveland Fed President Loretta Mester says the Fed should stay on its path of monetary policy tightening.