- Analytics
- News and Tools
- Market News
- Cleveland Fed president Mester: Inflation readings will be elevated for next couple of months because of math
Cleveland Fed president Mester: Inflation readings will be elevated for next couple of months because of math
- Says April jobs report was disappointing but outlook is still bright
- Says childcare and vaccinations are main issues with the labor supply rather than unemployment benefits
- I don't think benefits are main issue but it helps to put people in a position to make the decision to stay home and look after the kids or wait for the vaccine
- Says she wants to see more and broader progress
- No doubt we are in recovery but will see some ups and downs
- Says she wants to see more strength in labor market and expecting that this year
- Supply chain issues are affecting certain products and commodities "very much so in their pricing"
- My expectation is that we'll end the year above 2% inflation but when that unwinds, we'll see it fall again in 2022
- I'm particularly focused on inflation expectations - I'll be looking at surveys and market-based measures - to see them rising and at what pace they're rising above 2%
- Says financial stability risks overall are moderate
- Volatility in markets is only a problem when it is coupled with high degrees of leverage
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
