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


Mester looking for more than 4 rate hikes in 2016. Clearly someone received a well-filled bong for Christmas.