Fed's Mester: A recession could happen as rates rise – by fx_ross Fed DollarIndex
"I don't think it's a positive outcome, but it may happen," Mester said. "We may have a mild recession - I can't rule that out. I haven't penciled that in to my own projection, but when you have growth well below trend, it wouldn't take that much of a negative shock -- but again I don't think that's necessarily a positive thing, that's not what we are engineering to do.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fed's Mester: Fed will need to go above 5% and stay there for a whileFederal Reserve Bank of Cleveland President Loretta Mester said on Thursday that she saw a 'compelling case' for a 50 basis points (bps) rate hike at
Leer más »
Fed's Mester: Not ready to say if Fed needs bigger hike at next meetingCleveland Fed President Loretta Mester said on Thursday that the recent data showed the demand side of the economy was not softening as expected and a
Leer más »
Fed's Mester says more rate hikes needed to combat inflationFederal Reserve Bank of Cleveland President Loretta Mester said Thursday inflation remains too high and noted that she was open to raising rates by more than her colleagues wanted at their last monetary policy meeting.
Leer más »
Fed's Mester said she saw a 'compelling' case for half-point hike at January meetingCleveland Fed President Loretta Mester said Thursday she saw a compelling case for a half percentage point rate hike in January, larger than other Fed...
Leer más »
Travel Writer Notices Everyone in Cleveland Wears Cleveland T-ShirtsOn this 216 Day in Cleveland, one from the archives: Travel writer notices everyone in Cleveland wears Cleveland t-shirts
Leer más »
Markets Come to Grips With the Fed on Interest RatesMarkets finally appear to be backing down in their long-running game of chicken with the Federal Reserve
Leer más »