Fed’s Mester says the central bank is achieving its dual mandate

Loretta Mester, President and CEO of Federal Reserve Bank of Cleveland, while speaking at the Athena Center for Leadership Studies at Barnard College, said the central banks is hitting both US employment and inflation goals. 

A bevy of Fed officials, even the likes of Brainard, has sounded hawkish this week, owing to which the March rate hike odds jumped to 70%. 

The focus today is on Yellen speech.