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Fed's Mester: In favor of putting June rate hike on the table
Federal Reserve Mester Feb 26, 2015 Mester believes a June rate rise should be on the table. The only way to get it there is by removing 'patient' from the statement. "I would rather tighten sooner and slower than later and sharper," she said. "We cannot slam on the brakes." She also forecast 3% GDP this year.