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Fed’s Mester: Rates Will To Move Somewhat Further Into Restrictive Territory
Fed’s Mester: Happy With Progress Made So Far But Inflation Remains Too High
— LiveSquawk (@LiveSquawk) April 20, 2023
- Interest Rates Will Need To Move Somewhat Further Into Restrictive Territory
- Degree Of Further Tightening Depends On Economic And Monetary Policy Assessments
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Fed’s Mester: Much Closer To The End Of The Tightening Journey Than The Beginning
— LiveSquawk (@LiveSquawk) April 20, 2023
- It Would Be A Mistake To Declare Victory Before The Job Is Done
- Higher Interest Rates And Tightening Financial Conditions Not Fully Impacted The Economy Yet
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Fed’s Mester: Progress Is Being Made In Bringing Demand Into Better Balance With Supply
— LiveSquawk (@LiveSquawk) April 20, 2023
- There Is Heightened Uncertainty Around The Economic Outlook
- Employment Growth Has Slowed Over The Past Year
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Fed's Mester: Inflation Expected To Ease To 3.75% This Year
— LiveSquawk (@LiveSquawk) April 20, 2023
- Job Market Strong, Unemployment Rate Seen Rising To 4.50%-4.75%