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For your information, you can find below the description of the video Fed's Mester Backs Rates Above 4% Early Next Year (Video) published by the Youtube channel Bloomberg Markets and Finance:
"My current view is that it will be necessary to move the fed funds rate up to somewhat above 4% by early next year and hold it there," Federal Reserve Bank of Cleveland President Loretta Mester says at an event organized by the Dayton Area Chamber of Commerce.