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Loretta Mester - 3 Mester - 1 Troy Ludtka - 1 Jerome Powell - 1 Beth Ann Bovino - 1 Mary Daly - 1 Nonfarm - 1 Nikko - 1
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Search resuls for: "Former Cleveland Fed"


3 mentions found


☆ Former Cleveland Fed President Mester on why she sees a series of 25 bps rate cuts this year
  + stars: | 2024-09-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Cleveland Fed President Mester on why she sees a series of 25 bps rate cuts this yearLoretta Mester, former Cleveland Fed president and CNBC contributor, joins 'Money Movers' to discuss what Fed officials think about market speculation for the rate decisions, what Mester expects for the rest of the year, and much more.
Persons: Mester, Loretta Mester Organizations: Former Cleveland Fed, Cleveland Fed, CNBC
☆ Fed most likely to cut rates by quarter point, says former Cleveland Fed pres. Loretta Mester
  + stars: | 2024-09-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed most likely to cut rates by quarter point, says former Cleveland Fed pres. Loretta MesterFormer Cleveland Fed president Loretta Mester joins CNBC's 'The Exchange' to discuss her expectations for rate cuts, whether the Fed's focus should be on rates vs. the labor market, and more.
Persons: Loretta Mester Organizations: Cleveland Fed Locations: Cleveland
☆ The Fed now will focus on the employment part of its mission — and for good reason
  + stars: | 2024-08-28 | by ( Jeff Cox | ) www.cnbc.com   time to read: +6 min
Various indicators are pointing to a labor market that, if not in outright deterioration, is at least slowing. "Declines of this magnitude tend to occur when the economy is heading into recession and when the unemployment rate is on the ascent," he said. The unemployment rate almost always either heads up or down, with little evidence of extended plateaus. The current momentum is up, though the consensus estimate for August is that the unemployment rate will tick down to 4.2%, according to FactSet. "When you talk to firms ... it doesn't look like the labor market is not healthy," former Cleveland Fed President Loretta Mester said Tuesday on CNBC.
Persons: Troy Ludtka, Jerome Powell, Beth Ann Bovino, Mary Daly, Nonfarm, Nikko, Loretta Mester, hasn't Organizations: Federal, Nikko Securities, Conference Board, Board, Labor Department, San Francisco Fed, Bloomberg News, Cleveland Fed, CNBC Locations: U.S
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