Fed's Mester: Market turmoil is a 'risk' to economic outlook, but not changing my mind at this point
October 26, 2018 at 08:09 AM EDT
Cleveland Federal Reserve President Loretta Mester said Friday the recent market turmoil is a "risk" to the economic outlook, but it's not changing her mind on growth at this point. On Wednesday, Mester said at an economic event in New York City she has not adjusted her expectation of a gradual rise in rates. Earlier this month, the markets started going haywire...