28-08-2022, 11:15 AM
https://www.reuters.com/markets/us/feds-...022-08-26/
"I thought the message was strong and right," Cleveland Fed President Loretta Mester said in an interview with Bloomberg TV after the speech.
"I think we're going to have to move (short-term interest rates) up ... above 4% and probably need to hold them there next year."
Wonder how much local banks will increase the housing mortgage interest rate by end of the year.
"I thought the message was strong and right," Cleveland Fed President Loretta Mester said in an interview with Bloomberg TV after the speech.
"I think we're going to have to move (short-term interest rates) up ... above 4% and probably need to hold them there next year."
Wonder how much local banks will increase the housing mortgage interest rate by end of the year.