‘Politics doesn’t enter the room,’ Fed’s Mester says after Trump tweets

‘Politics doesn’t enter the room,’ Fed’s Mester says after Trump tweets

Loretta Mester, president and chief executive officer of the Federal Reserve Bank of Cleveland.

Michael Nagle | Bloomberg | Getty Images

U.S. Federal Reserve policymakers are unmoved by political pressure, according to Cleveland Fed President and CEO Loretta Mester.

The Fed announced an emergency 50 basis point cutto interest rates on Tuesday, in a bid to offset the expected economic…

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