Fed’s Mester still expects 3 rate cuts in 2024 but it is a ‘close call’

Cleveland Fed President Loretta Mester said Tuesday that she still expects three interest rate cuts in 2024 but said it was a close call. “I still think three is reasonable, but it’s close call,”Mester told reporters after a speech.
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[mwai_chat context=”Let’s have a discussion about this article:nnCleveland Fed President Loretta Mester said Tuesday that she still expects three interest rate cuts in 2024 but said it wa