Cleveland Fed President Loretta Mester said that she would re-evaluate the monetary policy if there were signs of weakness in hiring or consumer spending. “Risks to the economy are still tilted slightly to the downside,” Mester added while speaking to reporters after delivering her opening remarks at a conference on financial stability hosted by the Cleveland Fed. “I expect the US economy to grow by an average of 2% this year and for inflation to be slightly below 2%.” These comments don’t seem to be having a significant impact on the USD’s valuation. As of writing, the US Dollar Index was up 0.08% on the day at 97.95. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Fed’s Kashkari: Business investment to pick up if  there are resolutions in trade wars FX Street 2 years Cleveland Fed President Loretta Mester said that she would re-evaluate the monetary policy if there were signs of weakness in hiring or consumer spending. "Risks to the economy are still tilted slightly to the downside," Mester added while speaking to reporters after delivering her opening remarks at a conference on financial stability hosted by the Cleveland Fed. "I expect the US economy to grow by an average of 2% this year and for inflation to be slightly below 2%." These comments don't seem to be having a significant impact on the USD's valuation. As of writing, the US Dollar Index… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
