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Fed’s Mester: Global outlook has softened somewhat

Cleveland Fed President Loretta Mester recently crossed the wires saying that the global outlook had “softened somewhat.”

Key quotes (via Reuters)

  • Underlying economic developments are quite good.
  • We are looking at global outlook , financial market developments.
  • I certainly look at what’s going on in financial markets.
  • Views gauges of inflation expectations as quite stable.
  • Economy doing quite well, very good job growth.

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