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LORETTA MESTER
US Fed on track to cut rates again in penultimate decision of 2025The US Federal Reserve is expected to lower interest rates for the second consecutive meeting. This move aims to support the American econo...- Fed's Mester seeks more evidence inflation pressures are easingMester said risks to inflation have risen and risks to weaker growth and hiring have diminished, which means in a strong economy the Fed ha...
- "Three rate cuts this year a reasonable forecast, but it is a close call," US Fed's Mester saysFederal Reserve Bank of Cleveland President Loretta Mester expressed her anticipation of rate cuts later this year, possibly starting at th...
- Gold pulls back as hawkish Fed cues boost dollarGold prices retreated on Wednesday as the dollar advanced after comments from U.S. Federal Reserve officials cast doubts over interest rate...
- Gold eases as dollar steadies; Fed rate trajectory in focusGold prices slipped on Friday as the dollar steadied, although softer U.S. economic data reinforced expectation for a pause in the Federal ...
- Fed's Mester says too soon to tell if rate hike needed in May: ReportCleveland Federal Reserve Bank President Loretta Mester has said it was too early to tell whether the US central bank would raise its bench...
- Fed's Mester says rate target will need to go over 5%The Fed in late March raised rates by a quarter percentage point, to between 4.75% and 5%. The decision was haunted by banking sector troub...
- Fasten seatbelts! Uday Kotak expects central banks to go for more hikesKotak's comments came in the wake of several Fed policymakers this week signalling more rate increases to bring inflation down to the centr...
- Fed's Mester says more rate hikes needed to combat inflationMester, who does not have a vote on the Federal Open Market Committee this year, noted she would have been open to a larger rate rise at th...
- Fed's Mester sees rates rising more than most policy makers have forecastMester has been a voting member of the rate setting Federal Open Market Committee this year but will not hold that role next year. On Wedne...
- Gold inches higher as dollar weakens; Fed minutes on radarAt the beginning of this month, the U.S. central bank delivered a fourth consecutive 75 basis-point rate hike to tame inflation in what has...
- Fed policymakers press ahead with inflation fight, even with markets in turmoilWhile "no one knows for sure" if there is a big problem lurking in the financial sector right now, "so far, we haven't seen the kind of mar...
- Fed policymakers: September rate hike a question of how big, not ifThe U.S. central bank has raised interest rates by three quarters of a percentage point this year, and most Fed policymakers back raising i...
- Fed's Mester says situation in Ukraine will be considered for monetary policyThe Fed official said she expects inflation will moderate this year as demand moderates and capacity constraints are resolved, but remain a...
- Five challenges the Fed chief may face in the next four yearsProgressive Democrats want the Fed to take on a more expansive role in the economy, by beefing up efforts to bolster employment, heading of...
- Fed's Loretta Mester says framework needs to be more explicit on financial stabilityAfter announcing its plan to reduce asset purchases in December 2013, the central bank cut its then-monthly purchases of $45 billion of Tre...
- Fed's Kaplan sees risk of inflation gaining a foothold in US economy"What you don't know is, depending on how long that goes on, whether that starts to get embedded in inflation expectations, and you worry t...
- Fed’s Mester says more fiscal, not monetary support, is neededMester, a voter this year on the rate-setting Federal Open Market Committee, noted that some sectors of the economy are doing fine while ot...
- Gold Rate Today: Gold, silver slip in morning tradeMCX Gold futures were down 0.35 per cent, or Rs 109, at Rs 31,395 per 10 gram.
- Rupee opens nearly 3 paise down at 66.95 against dollarThe 30-share BSE Sensex opened 60.81 points, or 0.21 per cent, up at 28,822.40, while the 50-share NSE Nifty index opened 23.75 points, or ...
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