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President Mester: Policymaker resolve required to curb inflation

Economic conditions will be “bumpy,” and may include temporary increases in unemployment and stalled growth as the Fed raises interest rates, but policymakers need “to be committed to moving those inflation numbers down,” President Mester told Yahoo! Finance’s Brian Cheung in a May 10, 2022 interview . “I really fundamentally believe that if we don’t get back to price stability, we’re not going to have sustainably healthy labor markets in the future,” Mester said.

Read the story and watch video of the interview

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