Dr. Loretta Mester is President & CEO of the Federal Reserve Bank of Cleveland Speaking in Singapore today
This from the Q&A:
- More realisation of global factors affecting the US
- We're not behind the curve on rates
- Comfortable with rates going up over time
More:
- Would be comfortable raising rates at this point if economy keeps going the way it is
- Fed's policy can't do more to help US labor market
- No one on Fed is thinking of precipitately raising rates
(precipitately = hastily)
