Fed's Mester: Dec jobs report was a very decent report

Speaking to Fox on the gogglebox

  • 3 hikes in 2017 is a reasonable number

  • Her forecast is a little steeper than the median

  • Had a bit of fiscal stimulus in her Dec forecast

  • The US is basically at full employment

  • Fiscal policy plays into the outlook for the economy (She hasn't had any yet)

  • Would not call inflation a big risk

  • The Fed is meeting its inflation goal over the next two years

Mester isn't a voter this year.

Best in 2026

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