MACRO
Fed's Mester Says More Restrictive Policy Needed to Cool Prices
Federal Reserve Bank of Cleveland President Loretta Mester said officials need to keep raising interest rates and cannot get complacent as they work to battle the strongest inflation in a generation. Mester sees inflation moving down to about 3.5% next year.
JPMorgan Says Too-Hot CPI Would Put Stocks at Risk of 5% Tumble
With a dovish Fed pivot ...