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Fed’s Mester says monetary policy to remain highly accommodative for quite some time

January 04, 2021 at 11:00PM

Fed’s Mester says monetary policy to remain highly accommodative for quite some time
Loretta Mester, President and Chief Executive Officer of the Federal Reserve Bank of Cleveland
I suspect the dynamics are in place for a temporary blip higher in inflation in coming months, but it’ll likely be temporary only and Mester is right …. policy to remain loose for a good while yet. 

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