CLEVELAND, U.S. -- It would be "reasonable" for the U.S. to raise policy rates two more times in 2023 to guide the inflation rate on a sustainable path to 2%, Federal Reserve Bank of Cleveland President Loretta Mester, who serves as an alternate member of the Federal Open Market Committee, told Nikkei on Monday.
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2 more rate hikes 'reasonable' for this year: U.S. Fed official
Economic indicators stronger than expected, says Cleveland Fed President Loretta Mester
Cleveland Fed President Loretta Mester (Photo obtained by Nikkei)
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