Loretta Mester is president of the Cleveland Federal Reserve bank branch
earlier:
- Does not think Bitcoin price moves will impact the US economy
- Gradual 2018 rate hikes are appropriate
- Fed's Mester speaking on the Bank's communications
Mester now taking reporters' questions. Bloomberg with headlines:
- Firms are responding to labor shortage by raising rates
- Now is the right time for Federal Reserve to study policy framework
- Reports of labor shortages more widespread
- She see upside risks to her outlook on the economy from US fiscal policy (tax cuts)
