Further hikes will be needed says Fed's Mester

How about another Fed head talking hikes? You got it

  • Sees growth somewhat above 2.0% over the next year

  • Supports further hikes but not at each meeting
  • Economic expansion is sound
  • Weak Q1 is transitory (is that a heads up?)
  • Unemployment will remain below 5.0% for two years
  • Sees a sustained return to2% inflation target over next year or so

Most of these comments are repeats but the comment on Q1 sticks out, unless there's something in the context or it's a misprint.

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