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Fed’s Mester: Important to think about changes to inflation targeting framework

Loretta Mester, president and CEO of the Federal Reserve Bank of Cleveland, is delivering additional comments following her prepared speech, with key quotes, via LiveSquawk, found below.

Important to think about changes to inflation targeting framework, given economy may hit zero interest rates more often.

Gradual path still remains appropriate path of monetary policy.

Inflation is starting to pick up. 

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