Home Fed’s Mester: Sees GDP slowing slightly in 2019

Fed’s Mester: Sees GDP slowing slightly in 2019

Published date: 26 Oct. 2018 | 14:13

Cleveland Fed President Loretta Mester, speaking to CNBC this Friday, said that the recent market volatility hasn’t changed her outlook and the long run growth rate for the US economy is about 2%.

Additional quotes:

“¢ Sees GDP slowing slightly in 2019.
“¢ Markets are orderly and functioning.
“¢ There is no need to panic.
“¢ There are risks out there that are being reassessed.
“¢ This is a natural thing going on in financial markets.

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