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Cleveland Fed President Loretta Mester emphasized the need for the Federal Reserve to enhance its communication with the public. Mester suggested that Fed statements should include more details and forecasts to improve transparency. She did not provide comments on the economic outlook or interest rates.
Cleveland Fed President Loretta Mester says the US central bank should consider ways to better communicate to the public how economic conditions will affect future policy decisions https://t.co/qxQfUrBSb9
Mester Says Fed Can Better Explain How Economy Affects Decisions https://t.co/sU8ve24voM
Fed's Mester: Fed statements would benefit from some added length https://t.co/C9W4Pc4JYa https://t.co/vLgvohsSBu
