Trading Forex

Fed’s Mester Says Stock Market Volatility Not Damaging for Economic Strength

The recent stock market sell-off and jump in volatility will not damage the economy’s overall strong prospects, Cleveland Federal Reserve president Loretta Mester said on Tuesday in warning against any overreaction to the turbulence in financial markets. “While a deeper and more persistent drop in equity markets could dash confidence and lead to a pullback […]

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