Fed's Mester sees some improvement in financial-market functioning

Tue, 31 Mar 2020 20:57:46 GMT

Cleveland Fed President Loretta Mester on Tuesday said that she has seen some improvement in financial market functioning in the wake of central bank intervention since earlier in the month. "They have improved in certain respects," Mester said, in an interview on CNBC. "We're still monitoring to make sure there aren't pockets that we will need to keep our eye on," she added.

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