FOMC Member Discusses Monetary Policy Amid Economic Uncertainty

According to BlockBeats, Cleveland Federal Reserve President and 2026 FOMC voting member, Loretta Mester, recently addressed monetary policy concerns. Mester stated that there is currently no urgent need to reduce interest rates, despite the increased uncertainty in economic outlook due to tariffs. She emphasized that achieving the 2% inflation target remains a challenge, and suggested that interest rate policies might remain unchanged for an extended period as the Federal Reserve seeks clear guidance.