- Premature to change rate outlook
- Backs a gradual approach to fed tightening
- US labor market is solid/income healthy
- market volatility and cheaper oil poses risks
- US economy can work through this rough patch
- expects inflation to return to 2% in medium-term.
- Longer inflation expectations are relatively stable
Friday, February 19, 2016
Feds Mester: US economic fundamentals remain sound
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