The rocky path of inflation back to the Federal Reserve's 2% target rate reflected in the latest Consumer Price Index figures means that it is likely too soon for the central bank to cut its policy rate in March, Cleveland Fed President Loretta Mester said on Thursday.
U.S. central bank officials are not ready to commit to a full percentage point increase later this month, which would be the largest in the modern era.
Week Ahead: Will We Have Action In Jackson? | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.