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Cleveland Fed President Loretta Mester commented in a speech on Monday that the Federal Reserve has achieved significant advancements in addressing disinflationary pressures. However, she acknowledged that the inflation rate continues to exceed the targeted 2%. Inflation for January and February was

Federal Reserve governor Chris Waller expressed on Wednesday evening that he does not feel a sense of urgency to reduce interest rates, despite the presence of higher inflation figures during the initial two months of the year. Waller expressed his disappointment with the latest inflation numbers, s