Asks for Mester's thinking on Fed policy this year, noting market pricing of a pause in March but still expecting two cuts.
Host
Loretta Mester
Argues this is a good time for the Fed to pause. The economy is doing well, buoyed by fiscal policy, with a labor market in an uneasy stasis and inflation stable but well above target.
Asks if her policy view (pausing) would antagonize the White House.
Host
Loretta Mester
States the White House is already antagonized and that constant attacks undermine the Fed's institution and credibility, making it harder to achieve price stability.