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Federal Reserve Meister: monetary policy is in a &

2023-11-30

Aihuicha, November 30: Federal Reserve mester hinted that she would support keeping interest rates unchanged at the Federal Reserve's December meeting. "Monetary policy is in a good position to enable policymakers to assess upcoming information on the economic and financial environment and judge whether policies are well calibrated to ensure that inflation is on a path to fall back to 2% in time," Ms. Meister said on Wednesday. She also noted that price pressures have cooled, She added that "while the overall economy remains relatively strong, significant progress has been made in fighting inflation." mester did not make it clear that she would support a third consecutive pause in interest rate hikes next month, but her remarks echoed those of other hawkish policymakers this week. She is open to the possibility of future interest rate hikes, saying they will depend on economic conditions and progress towards a dual mandate.

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