More comments are crossing the wires from the Cleveland Fed President Loretta Mester, as she continues to speak on the US monetary policy.
Worth considering revamping trigger for countercyclical capital buffer so it’s easier to raise rates.
US policy still accommodative, need to hike to neutral territory
Fiscal stimulus could eventually boost US productivity but unlikely to happen quickly.
Hasn’t changed long-run outlook due to tax reform.
Time to begin elevating capital buffer for banks.
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