Fed’s Mester: Fed policy can respond to material changes in outlook

Additional comments from Cleveland Fed President Loretta Mester continue to cross the wires.

Key quotes (via Reuters)

Fed policy can respond to material changes in outlook.
We have seen some softening in interest-sensitive sectors.
FOMC statement conveyed fed getting closer to normal rates.

Dec 21, 2018

Fed's Mester: Global outlook has softened somewhat

Cleveland Fed President Loretta Mester recently crossed the wires saying that the global outlook had "softened somewhat." Key quotes (via Reuters)

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Dec 21, 2018

US Durable Goods Orders: Rebound could be short-lived - Wells Fargo

Durable goods orders rose 0.8% in November. Analysts at Wells Fargo, point out that core orders have slowed recently. They see the slowdown raising co

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