Mester: Fed cut interest rates three times was good

22 Nov 2019 11:04 AM


US Federal Reserve member Mester said the bank has done a good job of cutting interest rates three times this year. Her most notable remarks came as follows:
• There are no signs of widespread economic weakness.
• Accumulated risks on the downside, indicating poor investment
• US GDP may grow by about 2% next year.
• The economy is moving in the direction specified.
• It is worth considering the Repo facility.

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