Fed's Mester: Ukraine situation adds upside risk to inflation, downside risks for growth

Joel Frank Independent Analyst

Cleveland Fed President and FOMC member Lorreta Mester on Tuesday said that the Ukraine situation adds upside risks to inflation and downside risks to the Fed's growth forecasts. The challenge for the Fed is how to reduce accommodation to get inflation under control, but sustain the US economic expansion.

Author

Joel Frank

Independent Analyst

Joel Frank is an economics graduate from the University of Birmingham and has worked as a full-time financial market analyst since 2018, specialising in the coverage of how developments in the global economy impact financial asset

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