More comments from Cleveland fed head Loretta Mester
Reuters with the headlines again from Mester - this time from an interview
- Says more than four rate hikes in 2016 likely appropriate
- More optimistic than most FOMC colleagues on pace of tightening
- Still comfortable with median fed forecast of four hikes in 2016
- Does not need to see evidence of inflation for subsequent rate hikes
- Says every meeting is 'live' for possible second hike
Mester interviewed by Reuters
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Mester looking for more than 4 rate hikes in 2016. Clearly someone received a well-filled bong for Christmas.