Mester says June 'on the table' for possible Fed rate hike

The Federal Reserve is getting close to the appropriate time to raise interest rates and all scheduled policy meetings, including one in June, are "on the table" for a move, a top Fed official said on Friday. Cleveland Fed President Loretta Mester, who in the past has urged a rate hike before mid-year, told reporters that the decision will hinge on incoming economic data and, in particular, on employment reports for the months of April and May. The U.S. economy's weak winter perfo