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To watch the video Fed's Mester Backs Rates Above 4% Early Next Year (Video) that was posted today by the Youtube channel Bloomberg Markets and Finance, click on the video just above. You will then be able to discover it in streaming for free directly on our site!
The video is doing a very good start since it was uploaded on the Youtube channel of Bloomberg Markets and Finance and it could well end up in trend if the scores remain at these levels. However, we should not get too excited and wait a few days to see if this good start is confirmed with a buzz on the duration.
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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.