Fed's Mester says she's seeing a slowdown in US economic data

Author: Adam Button | Category: Central Banks

Comments from the Philly Fed President:

  • Fed is using its tools and will leave things very accommodative
  • The disparate impact of the pandemic is where fiscal policy plays a role
  • The rise in the virus numbers are 'troubling'
  • Seeing a slowdown in US economic data
  • Says she's concerned about lack of fiscal policy
That's not a great sign, though it's not surprising.

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