A change in interest rates will be on the table at every meeting of the Federal Reserve, but the timing of any move will depend on how the economy performs, a top Fed official said on Wednesday.


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Cleveland Fed President Loretta Mester takes part in a panel convened to speak about the health of the U.S. economy in New York November 18, 2015.

 

Answering questions after a speech in Sydney, Federal Reserve Bank of Cleveland President Loretta Mester said she saw a gradual upward path for rates but that policy was not currently behind the curve on inflation.

Source: Reuters