March 21, 2017 / 11:21 PM / 6 months ago

Fed's Mester forecasts more than three rate hikes this year

RICHMOND, Va. (Reuters) - Cleveland Fed President Loretta Mester said on Tuesday that she currently envisages more than three U.S. interest rate hikes for this year.

“I actually built into my forecast more than three as I have the economy a bit stronger than the median forecast,” Mester told reporters following an event in Richmond, Virginia.

Reporting by Lindsay Dunsmuir; Editing by Diane Craft

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