Fed's Mester: Not anywhere near to stopping rate hikes – by fx_ross Fed DollarIndex
Key comments We've had some good news on inflation front, but need more and sustained good news.We are beginning to see our actions working.Getting back to 2% will take some time, we need to do more work.I do think we need to get into restrictive territory, right now we are just barely there. We are moving into a different cadence on policy, letting data guide us.I think we can slow down from 75 at dec meeting.
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