Fed's key rate still needs to reach restrictive level, Cleveland Fed's Mester says (updated)

Oct. 11, 2022 12:21 PM ETBy: Liz Kiesche, SA News Editor20 Comments

Cleveland Federal Reserve President Loretta Mester Appears on Fox Business Network

Rob Kim

The Federal Reserve's key policy rate will need to climb to a restrictive level for the U.S. central bank to get inflation down to its 2% goal, Cleveland Fed President Loretta Mester said at the Economic Club

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