Fed’s Mester Says She Supports Smaller Rate Hike in December

Loretta J. Mester, president and CEO of the Federal Reserve Bank of Cleveland, looks connected astatine Teton National Park wherever fiscal leaders from astir the satellite gathered for the Jackson Hole Economic Symposium extracurricular Jackson, Wyo., connected Aug. 26, 2022. (Jim Urquhart/Reuters) The Federal Reserve tin downshift to smaller involvement complaint hike increments from adjacent period arsenic it fine-tunes its...