Tue, 21-Oct-2025

According to the Fed’s Mester, inflation hasn’t crested yet

Inflation

Cleveland Federal Reserve President Loretta Mester says she doesn’t see evidence that inflation has peaked. She is on board with supporting a series of aggressive interest rate increases. Average hourly earnings rose by 0.3% from a month ago, slightly less than expected. While other late information focuses have shown that essentially the pace of expansion … Read more