Fed's Mester repeats saw good case for 50 bps at last meeting; won't pre-judge size of hike she favors at next meeting
*FED'S MESTER REPEATS SAW GOOD CASE FOR 50 BPS AT LAST MEETING— Cable FX Macro (@cablefxmacro) February 24, 2023
*MESTER: WON'T PRE-JUDGE SIZE OF HIKE SHE FAVORS AT NEXT MEETING
FED'S MESTER: EXPECT TO SEE THE LAG EFFECT OF PREVIOUS HIKES.— Breaking Market News (@financialjuice) February 24, 2023
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Federal Reserve policy is based on trust. The central bank’s ability to maintain stable prices depends on the public’s confidence that it can deliver. But after more than a year ...
tweet at 8:07am: FED'S MESTER: WE'RE GOING TO HAVE TO DO A LITTLE MORE ON RATE HIKES tweet at 8:08am: FED'S MESTER SAYS FED WILL DO WHAT IT HAS TO DO TO COOL PRICES tweet at 8:08am: FED'S MESTER: THE FINANCIAL MARKETS ARE MUCH MORE ALIGNED WITH THE FED THAN THEY WERE PREVIOUSLY - CNBC. tweet at 8:08am: FED'S MESTER: MY FUNDS RATE WAS ABOVE THE MEDIAN IN DECEMBER AND STILL THINK WE NEED TO BE SOMEWHAT ABOVE 5% tweet at 8:09am: FED'S MESTER: MY DOT REPRESENTS WHERE I WAS IN DECEMBER, AND IT HAS NOT CHANGED.
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