More from Fed's Mester: Will keep rates restrictive to get inflation down
<p>Federal Reserve Bank of Cleveland President Loretta Mester speaks on her economic outlook before the 50 Club of Cleveland Monthly Meeting.</p><p>Earlier:</p><ul><li><a href="https://www.forexlive.com/centralbank/feds-mester-says-its-likely-the-fomc-will-need-to-raise-rates-one-more-time-this-year-20231002/" target="_blank" rel="follow" data-article-link="true">Fed's Mester says its likely the FOMC will need to raise rates one more time this year</a></li></ul><p>From the Q&A now:</p><ul><li>Fed will keep rates restrictive to get inflation down</li><li>Higher rates are needed to make sure the disinflation process continues</li><li><p>
A.I. technology will change a lot in the economy</p></li><li><p>Student loan restart
won't bring immediate change in consumer spending</p></li><li><p>Doesn't see dollar
getting dethroned, dollar is very strong currency</p></li></ul>
This article was written by Eamonn Sheridan at www.forexlive.com.
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