Prices Fall to $27K as Fed's Mester Does Not Envisage Rate Hike Pause

Prices Fall to $27K as Fed's Mester Does Not Envisage Rate Hike Pause

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"I don't really see a compelling reason to pause," Federal Reserve Bank of Cleveland President Loretta Mester told FT in an interview published on Wednesday. "I would see more of a compelling case for bringing the rates up and then holding for a while until you get less uncertain about where the…

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