Statement

Name: Loretta J. Mester

Summary: Perspectives on the Economy and Monetary Policy: "In summary, the economy has made considerable progress over the expansion and my medium-run outlook is for above-trend growth, continued improvement in labor markets, and inflation gradually returning to our 2 percent target over the medium run. If incoming economic information continues to support this forecast, then in my view it will be time to take the first step in the policy normalization process."

Lean: Hawkish

Substantially Similar to Prior Statements: No

Statement Date: November 13, 2015

Publication Date: November 13, 2015

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