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© Reuters. FILE PHOTO: Loretta J. Mester, president and CEO of the Federal Reserve Bank of Cleveland, looks on at Teton National Park where financial leaders from around the world gathered for the Jackson Hole Economic Symposium outside Jackson, Wyoming, U.S., Augus
(Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester sees no “compelling” reason to wait to implement another interest rate hike, Financial Times reported on Wednesday.
“I don’t really see a compelling reason to pause,” Mester told FT in an interview.
“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 economy is going.”
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