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President Mester: Need to see “compelling” evidence that inflation is dropping before easing policy

Policymakers “need to be very committed to being resolute in doing what we can with our tools to get inflation down,” President Mester said in a May 10, 2022 interview with Bloomberg TV’s Michael McKee. “We need to see those monthly numbers moving down in a convincing way…I’d have to see compelling evidence that that's happening before I would want to say that we can ease up on what we're doing with policy.”

Watch the interview

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