Name: Loretta J. Mester
Summary: Long-Run Economic Growth: "Based on my current assessment of the outlook and the risks around the outlook, I believe the economy can handle an increase in the fed funds rate and that it is appropriate for monetary policy to take a step back from the emergency measure of zero interest rates. A small increase in interest rates from zero is not tight monetary policy."
Substantially Similar to Prior Statements: No
Statement Date: October 15, 2015
Publication Date: October 15, 2015All Members All Statements