Singing a different tune from Powell, the Fed's policymakers remain cautious about cutting interest rates next year.

date
23/08/2025
According to the app of The Wall Street Journal, on Friday, Cleveland Fed President Loretta Mester said in an interview that she remains cautious about cutting interest rates as long as inflation continues to pose a threat. Just yesterday, Mester stated that she would not support a rate cut if the Federal Reserve were to convene a monetary policy meeting immediately.